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Economics

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On the age at marriage: theory and evidence from Jews and Moslems in Israel

Article Abstract:

The Becker-Keeley and Bergstrom-Bagnoli theories explain the differences in marriage pattern and optimal age of marriage in Jews and Moslems populations. The Becker-Keeley theory proposes that benefits from marriage increase when spouses' inputs complement joint household production. The age of marriage decreases with increasing wage, as seen in Jewish populations. While the Bergstrom-Bagnoli theory proposes that prospecting spouses postponed marriage until economic success is realized, as seen in Moslem populations where education increases the age of marriage.

Case studies, Israel, Jews, Marriage, Muslims

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A theory of sex discrimination

Article Abstract:

Sex discrimination in the labor market can produce both benefits and costs, a sizeable part of which can be ameliorated through marriage. Sex discrimination may also improve social welfare in non-competitive labor markets. The benefits and costs brought about by sex discrimination will be dependent on the extent of income sharing between spouses and the proportion of married employees. The rise in divorce cases, however, has increased sex discrimination costs and merited social opposition.

Sex discrimination, Employment discrimination

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Do managers work harder in competitive industries?

Article Abstract:

A linear-agent model was utilized to study the relationship between product market competition and managerial effort. A rise in competition resulting from low product differentiation decreases managerial effort. On the other hand, a rise in competition resulting from an increase in the number of firms positively affects the pay performance component. A rise in the number of firms creates a negative effect on managerial effort only when product differentiation is low.

Analysis, Competition (Economics), Organizational effectiveness, Product differentiation

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