The brother-in-law effect
When a firm is forced to pay abnormally high wages, hiring transfers rents. This effectively endows the employer with the ability to grant favors, and he may wish to do so even at some cost to efficient production. We refer to this as the brother-in-law effect. This article analyzes its consequences...
| Autores: | , , |
|---|---|
| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2010 |
| País: | Argentina |
| Institución: | Consejo Nacional de Investigaciones Científicas y Técnicas |
| Repositorio: | CONICET Digital (CONICET) |
| Idioma: | inglés |
| OAI Identifier: | oai:ri.conicet.gov.ar:11336/188893 |
| Acceso en línea: | http://hdl.handle.net/11336/188893 |
| Access Level: | acceso abierto |
| Palabra clave: | brother-in-law favoritism https://purl.org/becyt/ford/5.2 https://purl.org/becyt/ford/5 |
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The brother-in-law effectLevine, David K.Weinschelbaum, FedericoZurita, Felipebrother-in-lawfavoritismhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5When a firm is forced to pay abnormally high wages, hiring transfers rents. This effectively endows the employer with the ability to grant favors, and he may wish to do so even at some cost to efficient production. We refer to this as the brother-in-law effect. This article analyzes its consequences. When the brother-in-law effect is due to unionization, decisions regarding both the number and type of workers employed could be inefficient; overemployment could obtain even relative to the workforce that would be employed without unionization. We also identify cases in which nepotism improves efficiency.Fil: Levine, David K.. Washington University in St. Louis; Estados Unidos. Pontificia Universidad Católica de Chile; Chile. Universidad de San Andrés; ArgentinaFil: Weinschelbaum, Federico. Washington University in St. Louis; Estados Unidos. Universidad de San Andrés; Argentina. Pontificia Universidad Católica de Chile; Chile. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Zurita, Felipe. Washington University in St. Louis; Estados Unidos. Pontificia Universidad Católica de Chile; Chile. Universidad Católica de Chile; ChileBlackwell Publishing2010-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/188893Levine, David K.; Weinschelbaum, Federico; Zurita, Felipe; The brother-in-law effect; Blackwell Publishing; International Economic Review; 51; 2; 5-2010; 497-5070020-6598CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/http://onlinelibrary.wiley.com/doi/10.1111/j.1468-2354.2010.00590.x/abstractinfo:eu-repo/semantics/altIdentifier/doi/10.1111/j.1468-2354.2010.00590.xinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2024-05-08T14:13:38Zoai:ri.conicet.gov.ar:11336/188893instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982024-05-08 14:13:38.889CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse |
| dc.title.none.fl_str_mv |
The brother-in-law effect |
| title |
The brother-in-law effect |
| spellingShingle |
The brother-in-law effect Levine, David K. brother-in-law favoritism https://purl.org/becyt/ford/5.2 https://purl.org/becyt/ford/5 |
| title_short |
The brother-in-law effect |
| title_full |
The brother-in-law effect |
| title_fullStr |
The brother-in-law effect |
| title_full_unstemmed |
The brother-in-law effect |
| title_sort |
The brother-in-law effect |
| dc.creator.none.fl_str_mv |
Levine, David K. Weinschelbaum, Federico Zurita, Felipe |
| author |
Levine, David K. |
| author_facet |
Levine, David K. Weinschelbaum, Federico Zurita, Felipe |
| author_role |
author |
| author2 |
Weinschelbaum, Federico Zurita, Felipe |
| author2_role |
author author |
| dc.subject.none.fl_str_mv |
brother-in-law favoritism https://purl.org/becyt/ford/5.2 https://purl.org/becyt/ford/5 |
| topic |
brother-in-law favoritism https://purl.org/becyt/ford/5.2 https://purl.org/becyt/ford/5 |
| description |
When a firm is forced to pay abnormally high wages, hiring transfers rents. This effectively endows the employer with the ability to grant favors, and he may wish to do so even at some cost to efficient production. We refer to this as the brother-in-law effect. This article analyzes its consequences. When the brother-in-law effect is due to unionization, decisions regarding both the number and type of workers employed could be inefficient; overemployment could obtain even relative to the workforce that would be employed without unionization. We also identify cases in which nepotism improves efficiency. |
| publishDate |
2010 |
| dc.date.none.fl_str_mv |
2010-05 |
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info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion http://purl.org/coar/resource_type/c_6501 info:ar-repo/semantics/articulo |
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article |
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publishedVersion |
| dc.identifier.none.fl_str_mv |
http://hdl.handle.net/11336/188893 Levine, David K.; Weinschelbaum, Federico; Zurita, Felipe; The brother-in-law effect; Blackwell Publishing; International Economic Review; 51; 2; 5-2010; 497-507 0020-6598 CONICET Digital CONICET |
| url |
http://hdl.handle.net/11336/188893 |
| identifier_str_mv |
Levine, David K.; Weinschelbaum, Federico; Zurita, Felipe; The brother-in-law effect; Blackwell Publishing; International Economic Review; 51; 2; 5-2010; 497-507 0020-6598 CONICET Digital CONICET |
| dc.language.none.fl_str_mv |
eng |
| language |
eng |
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info:eu-repo/semantics/altIdentifier/url/http://onlinelibrary.wiley.com/doi/10.1111/j.1468-2354.2010.00590.x/abstract info:eu-repo/semantics/altIdentifier/doi/10.1111/j.1468-2354.2010.00590.x |
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info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-sa/2.5/ar/ |
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openAccess |
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https://creativecommons.org/licenses/by-nc-sa/2.5/ar/ |
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application/pdf application/pdf |
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Blackwell Publishing |
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Blackwell Publishing |
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Consejo Nacional de Investigaciones Científicas y Técnicas |
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CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas |
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dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar |
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