Firms' matching contributions to employees' defined contribution pension plans are an important spur to employee retirement savings. Firms frequently match employees' defined contribution pension plan using company stock and prohibit employees from selling; employees sometimes voluntarily invest...

This study investigates the relation between the use of compensation consultants and CEO pay levels. Using new proxy statement disclosures from 2,116 companies, we examine claims that pay is higher in clients of compensation consultants, and test whether any pay differences in users and...

In 2004 the Financial Accounting Standards Board issued Financial Accounting Statement 123R which, among other things, mandates that firms report the estimated quot;fair valuequot; of employee stock option grants and other forms of equity compensation and apply the expense to their reported...

During the late 1990s public pension funds across the United States accrued large actuarial surpluses. The seemingly flush conditions of the pension funds led legislators in most states to substantially improve retirement benefits for public workers, including teachers. In this study we examine...

In August 2010 the Costa Rican government implemented a comprehensive program to increase compliance with legal minimum wages, the Campaign for Minimum Wages. To evaluate the impact of the Campaign, we use a regression discontinuity approach, which compares what happened to workers who before...

resumeNEl documento trata una de las problemáticas más latentes en la eracontemporánea de Bogotá, la que representa la contaminación ambientalproducida por la emisión de gases con efecto invernadero que es provocadapor los vehículos automotores, especialmente de servicio público....

In a total wage concept we include fringe benefits and earnings-related insurance rights, in addition to money wage. Sickness benefit rights are an important part of insurance rights in many industrial countries. In this paper we analyse sickness benefit insurance rights and estimate their...

This study focuses on the efficiency of minimum wage policy for poverty reduction, taking Indonesia as a case study. A simulation approach assesses who benefits and who pays for minimum wage increases. On the benefits side, the rise in minimum wages boosts incomes in households with low wage...