Showing 1 - 10 of 26
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … paired with longitudinal data on individual earnings by employer spanning close to two decades. Individuals who in 1991 … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face …
Persistent link: https://www.econbiz.de/10010948900
This paper analyzes the impact of the Austrian Regional Extended Benefit Program (REBP) on the labor market outcomes for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum of 209 weeks for elderly individuals in certain regions....
Persistent link: https://www.econbiz.de/10005181435
different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of … the focus on early-career earnings leads to underestimating the lifetime returns to skills by about one quarter. On … States. Estimates are remarkably robust to different earnings and skill measures, additional controls, and various subgroups …
Persistent link: https://www.econbiz.de/10010736745
subsequent earnings. We suggest that labor-market effects may be more imminent for students leaving school directly for the labor … that central exams are indeed associated with higher earnings for students from school types directly bound for the labor …
Persistent link: https://www.econbiz.de/10010691259
In this paper we investigate the relationship between earnings and charitable giving. We set up a real effort … want to donate a share of their earnings to a charity of their choice. We find that, despite large differences in earnings … givers in the two groups give the same share of their total earnings. Charities receive the same average donation from …
Persistent link: https://www.econbiz.de/10010713862
We present a model to test the null hypothesis that firms organize their corporate governancearrangements optimally given the constraints they face. Following the literature, the modelrejects the null if the conditional correlation between governance and performance issignificantly different...
Persistent link: https://www.econbiz.de/10011249564
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone’s hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest...
Persistent link: https://www.econbiz.de/10009653374
We analyze the optimal ownership, delegation and compensation structures when a manager is hired to run a firm and to gather information on investment projects. The initial owner has two tasks: monitoring the manager and supervising project choice. Optimality would require a large ownership...
Persistent link: https://www.econbiz.de/10008596583
earnings or new share issues finance investments at the margin. The results are informative for the design of investment …
Persistent link: https://www.econbiz.de/10010732350
We derive determinants of tax avoidance by means of a multi-task principal-agent model. We extend prevailing models by integrating both corporate and individual income taxation as well as by including tax planning effort in the agent’s action portfolio. Our model shows novel and apparently...
Persistent link: https://www.econbiz.de/10010786744