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Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms
Rocha-Akis, Silvia; Schöb, Ronnie - CESifo - 2010
unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the …
Persistent link: https://www.econbiz.de/10008534009
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Wage Rigidity, Institutions, and Inflation
Holden, Steinar; Wulfsberg, Fredrik - CESifo - 2009
, high-wage workers are replaced by young low-wage workers. DNWR may also lead to a positive growth in aggregate wages … because of changes in relative wages. We explore industry data for 19 OECD countries, over the period 1971–2006. We find …
Persistent link: https://www.econbiz.de/10005094215
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Time Limits on Welfare Use under Involuntary Unemployment
Holzner, Christian; Meier, Volker; Werding, Martin - CESifo - 2004
The impacts of introducing or tightening time limits on welfare use are studied in an efficiency wage model. Those losing access to regular benefits receive some smaller benefit, which can be interpreted as food stamps. Stricter time limits raise both employment and profits and generally reduce...
Persistent link: https://www.econbiz.de/10005766157
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Workfare, Monitoring, and Efficiency Wages
Holzner, Christian; Meier, Volker; Werding, Martin - CESifo - 2006
The impact of a stronger work requirement for welfare recipients in a workfare program is studied in an efficiency wage model where a representative firm chooses its level of monitoring activities. A stricter workfare policy raises employment and monitoring activities. It typically increases...
Persistent link: https://www.econbiz.de/10005405856
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Workfare in an Efficiency Wage Model
Meier, Volker - CESifo - 2002
The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...
Persistent link: https://www.econbiz.de/10005406407
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Employee Referral, Social Proximity and Worker Discipline: Theory and Evidence from India
Dhillon, Amrita; Iversen, Vegard; Torsvik, Gaute - CESifo - 2013
We study an important mechanism underlying employee referrals into informal low skilled jobs in developing countries. Employers can exploit social preferences between employee referees and potential workers to improve discipline. The profitability of using referrals increases with referee stakes...
Persistent link: https://www.econbiz.de/10010674452
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Do Higher Government Wages Reduce Corruption? Evidence Based on a Novel Dataset
Le, Van-Ha; Haan, Jakob de; Dietzenbacher, Erik - CESifo - 2013
This paper employs a novel dataset on government wages to investigate the relationship between government remuneration … government wages as used in previous research. When the relationship between government wages and corruption is modeled to vary … with the level of income, we find that the impact of government wages on corruption is strong at relatively low …
Persistent link: https://www.econbiz.de/10010660135
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Institutions and Contract Enforcement
Falk, Armin; Huffman, David; MacLeod, W. Bentley - CESifo - 2008
We provide evidence on how two important types of institutions – dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...
Persistent link: https://www.econbiz.de/10005181354
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CEO Compensation
Frydman, Carola; Jenter, Dirk - CESifo - 2010
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10008799732
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Limited Commitment Models of the Labour Market
Thomas, Jonathan; Worrall, Tim - CESifo - 2007
We present an overview of models of long-term self-enforcing labor contracts in which risk sharing is the dominant motive for contractual solutions. A base model is developed which is sufficiently general to encompass the two-agent problem central to most of the literature, including variable...
Persistent link: https://www.econbiz.de/10005766123