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Setting Adequate Wages for Workers : Managers' Work Experience, Incentive Scheme and Gender Matter

Huber, David; Kühl, Leonie; Szech, Nora - 2022

Many societies report an increasingly divergent development of managers’ salaries compared to that of their workforce …. Moreover, there is often a lack in diversity amongst managerial boards. We investigate the role of managers’ gender and … incentive scheme on wages chosen for workers by conducting two experimental studies. The data reveal male managers respond in …

Persistent link: https://www.econbiz.de/10013291321

Uniform and nonuniform staggering of wage contracts

Danziger, Leif - 2010

This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...

Persistent link: https://www.econbiz.de/10010270522

Managerial payoff and gift exchange in the field

Englmaier, Florian; Leider, Stephen G. - 2012

We conduct a field experiment where we vary both the presence of a gift exchange wage and the effect of the worker's effort on the manager's payoff. The results indicate a strong complementarity between the initial wage gift and the agent's ability to repay the gift. We collect information on...

Persistent link: https://www.econbiz.de/10010280811

Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics

Bayer, Christian - 2019

Wages grow and become more unequal as workers age. Economic theory focuses on worker investment in human capital …

Persistent link: https://www.econbiz.de/10012897647

The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation

Adda, Jérôme; Dustmann, Christian; Görlach, Joseph-Simon - 2021

This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants’ careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...

Persistent link: https://www.econbiz.de/10013229696

Wage and Employment Cyclicalities at the Establishment Level

Merkl, Christian; Stüber, Heiko - 2021

We document substantial cross-sectional heterogeneity of German establishments’ real wage cyclicality over the business cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical wages. We estimate a negative connection between...

Persistent link: https://www.econbiz.de/10013212779

An Efficiency-Wage Model with Habit Concerns About Wages

Goerke, Laszlo - 2020

We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...

Persistent link: https://www.econbiz.de/10012828115

Reservation Wages and Labor Supply

Kesternich, Iris - 2020

Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...

Persistent link: https://www.econbiz.de/10012831654

Human Capital Depreciation

Dinerstein, Michael; Megalokonomou, Rigissa; Yannelis, … - 2021

Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker skills are difficult to measure and less productive workers are more likely to spend time in non-employment. We overcome these challenges with new administrative data on...

Persistent link: https://www.econbiz.de/10013315202

Imperfect transmission of tacit knowledge and other barriers to entrepreneurship

Kanniainen, Vesa; Poutvaara, Panu - 2007

This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of...

Persistent link: https://www.econbiz.de/10010264173