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An aternative approach to the theory of employment: self-employment versus wage employment
(Centro de Investigación y Docencia Ecónomicas, 1997)
This paper presents a simple model illustrating an alternative approach to modelling employment in which instead of distinguishing between households and firms as is conventional, I work with market-oriented household-producers ...
A solution to the partnership problem under symmetric technologies and disutilities
(Centro de Investigación y Docencia Económicas, División de Economía, 1997)
This paper characterizes the second best solution to the "partnership problem" with budget balancing under the assumption of perfect substitutability of efforts and restrictions on the disutility of efforts. In this latter ...