We consider a model economy populated by risk-neutral …rms with multiple jobs and riskaverse workers. Following the implicit contract literature, we assume that workers have limited access to the intertemporal trade markets. Following the directed search literature, we assume that unemployed workers can choose which …rms to visit after having observed what terms of trade are o¤ered. Further, we...

Labour and the Market Value of the Firm What role does labour play in firms’ market value? We explore this question using a production-based asset-pricing model with frictions in the adjustment of both capital and labor. We posit that hiring of labour is akin to investment in capital and that the two interact, with the interaction being a crucial determinant of market value behaviour. We use ag...

Los trabajadores fijos discontinuos cuya actividad se repite en fechas no ciertas, si bien tienen la consideración, a efectos laborales, de tiempo parcial pues su contratación configura legalmente como una modalidad contractual autónoma, pueden acceder pensión jubilación vinculada celebración un contrato relevo, porque cumplen el requisito ser completo normativa Seguridad Social, que los equipa...

A model of initial salary detemination for professional and man agerial employees is developed. That part of the model which concentrates on the role of employee salary negotiation behaviors and attitudes was investigated using a sample of 117 individuals. Significant variance in salary bargaining attitudes and behaviors was found; attitudinal and demographic differences be tween negotiators an...

Do firms build new capabilities by hiring new people? We explore this question in the context of the pharmaceutical industry’s movement towards science-driven drug discovery. We focus particularly on the potential problem of endogeneity in interpreting correlation between hiring and changes in organizational outcomes as evidence of the impact of new hires on the firm, and on the more fundamenta...

Blockchain has promising potential to address several challenges in different use cases the natural gas industry. The applications range from pipeline monitoring life-cycle administration of field assets, storage auditing and reconciliation, required certification technical staff c hiring employee work effectiveness evaluation, exploration production billing payment processes. There is no singl...

Crowdsourcing and human computation are being employed in sophisticated projects that require the solution of a heterogeneous set of tasks. We explore the challenge of composing or hiring an effective team from an available pool of applicants for performing tasks required for such projects on an ongoing basis. How can one optimally spend budget to learn the expertise of workers as part of recru...