Template-type: ReDIF-Article 1.0
Author-Name: Maurizio Lisciandra
Title: The Impact of Technological Change on Incentive Provision
Abstract: The Impact of Technological Change on Incentive Provision - The simple trade-off between incentive and risk, which is crucial to the agency problem, is not a sufficient explanation for the ineffectiveness of a specific output-related pay such as the contract system adopted in the US iron and steel industry during the second half of the nineteenth-century. The high rate of technological innovation along with workers? extensive bargaining power made output-related pay a sub-optimal solution. This stylised fact unveils the conflicting nature of piece-rate pay compared to fixed pay as new technology is introduced and stimulates an analysis of the interaction between technological change, bargaining powers, and payment systems which can be conducive to a better understanding of the agency problem and the use of incentive pay. Key words: Incentive Contracts, Inside Contracting, Unions, Technological Change. JEL Classification: J33, J51, N31, O33
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Pages:5-36
Volume: 2008/95
Year: 2008
Issue:95
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=35422&Tipo=Articolo PDF
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Handle: RePEc:fan:steste:v:html10.3280/STE2008-095001
Number: 1
Template-type: ReDIF-Article 1.0
Author-Name: Maurizio Mistri
Title: The Istitutional Approach in the Economic Thought of Carlo Cattaneo
Abstract: The Institutional Approach in the Economic Thought of Carlo Cattaneo - Carlo Cattaneo was one the most eminent thinker of the Italy in the Risorgimento period. His interests were devoted to social sciences with a focus of the economic engineering. This paper is devoted to demonstrate the particular attention of Cattaneo to a particular approach to economics; that is the analysis of Cattaneo to economical facts presents significative conceptual elements of the modern neo-institutional approach. Particularly Cattaneo emphasised the importance of the technological progress, with a particular attention to the role of knowledge and human capital. A significative work of Cattaneo is that one devoted to the analysis of relationship between legal institutions and the professional specializations of Jewes. JEL Classification: B3, B4, B25 Key words: Economic Thought, Carlo Cattaneo
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Pages:37-52
Volume: 2008/95
Year: 2008
Issue:95
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=35423&Tipo=Articolo PDF
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Handle: RePEc:fan:steste:v:html10.3280/STE2008-095002
Number: 2
Template-type: ReDIF-Article 1.0
Author-Name: Nadia Netti
Title: The Italian Wage Curve. The effects of the Recent Labour Market Reforms
Abstract: The Italian Wage Curve. The Effects of the Recent Labour Market Reforms - The paper examines some effects of the recent reforms aimed at increasing flexibility in the Italian labour market. It shows their incapability to respond to the "inclusion" problem which still characterises the country. New temporary low-skill jobs were created but the reforms have neither enforced industrial competitiveness nor increased productivity. Far from solving the problems of a dual economy, de-regulation of Italian labour market has reinforced them and has concurrently eroded civil rights thereby making a departure form standards of health and morality. Excessive turnover of workers and firms is a major obstacle to human capital accumulation. A hostile territory produces social inequality, poverty and under- consumption that severely compromises growth. Key words: Labor and Demographic Economics; Wages, Compensation and Labor Costs; Wage Level and Structure; Wage Differentials JEL Classification: J, J3, J31
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Pages:53-93
Volume: 2008/95
Year: 2008
Issue:95
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=35424&Tipo=Articolo PDF
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Handle: RePEc:fan:steste:v:html10.3280/STE2008-095003
Number: 3
Template-type: ReDIF-Article 1.0
Author-Name: Salvatore Villani
Title: Il regime tributario delle organizzazioni non profit. Alcune considerazioni critiche e una proposta di riforma degli incentivi per ridurre il turnover dei dipendenti
Abstract: The Tax Regime of Non-Profit Organisations. Criticalities and Fiscal Incentives Reforming Proposal Aimed at Employees? Turnover - Reduction Non-profit organizations (NPOs) operating in Southern Italy show the following criticalities: low capital investments, small size and high financial problems. These ones, in turn, may affect workers? rights and rendered services quality. In fact, these organizations have long registered steady trends of temporary job and a related employees? turnover high rate, especially among the volunteers. This article proposes the introduction of a fiscal incentives system favoring and implementing workers? cooperation as well as great "entrusting" NPO employees, thus bringing turnover rate back to a physiological level. Through a theoretical model, the article shows how the age-related earning profiles suggested by E.Lazear (1979,1981) could be positively be used to improve the situation in this field of interest. JEL Classification: H200, H240, H300, L31 Key words: Tax incentives; Public Subsidies; Fiscal Policies and Behavior of Economic Agents; Non Profit Organizations
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Pages:95-138
Volume: 2008/95
Year: 2008
Issue:95
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=35425&Tipo=Articolo PDF
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Handle: RePEc:fan:steste:v:html10.3280/STE2008-095004
Number: 4
Template-type: ReDIF-Article 1.0
Author-Name: n.d.
Title: Recensioni / Libri ricevuti
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Pages:139-153
Volume: 2008/95
Year: 2008
Issue:95
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=35426&Tipo=Articolo PDF
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Handle: RePEc:fan:steste:v:html10.3280/STE2008-095005
Number: 5