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Is There Monopsony in the Labor Market? Evidence from a Natural Experiment

Staiger, Douglas - 1999

A variety of recent theoretical and empirical advances have renewed interest in monopsonistic models of the labor market. However, there is little direct empirical support for these models, even in labor markets that are textbook examples of monopsony. We use an exogenous change in wages at...

Persistent link: https://www.econbiz.de/10012471532

Taxation and On-the-job Training Decisions

Rosen, Harvey S. - 1981

This paper is an econometric analysis of the on-the-job training (OJT) decisions of a group of white American males during 1975. The data are obtained from the Panel Study of Income Dynamics, which asked a very careful series of questions concerning the individual's OJT status. Each individual's...

Persistent link: https://www.econbiz.de/10012478382

Mentoring and Diversity

Athey, Susan - 1998

This paper studies the forces which determine how diversity at a firm evolves over time. We consider a dynamic model o a single firm with two levels of employees, the entry level and the upper level. In each period, the firm selects a subset of the entry-level workers for promotion to the upper...

Persistent link: https://www.econbiz.de/10012472306

Incentives and Careers in Organizations

Gibbons, Robert - 1996

This paper surveys two related pieces of the labor-economics literature: incentive pay and careers in organizations. In the discussion of incentives, I first summarize theory and evidence related to the classic agency model, which emphasizes the tradeoff between insurance and incentives. I then...

Persistent link: https://www.econbiz.de/10012473133

EMU : Ready, or Not?

Obstfeld, Maurice - 1999

transition: the possibility of nationally asymmetric real shocks. I review that topic in the context of Ireland's recent …

Persistent link: https://www.econbiz.de/10012471509

Exporters and Shocks : Dissecting the International Elasticity Puzzle

Fitzgerald, Doireann - 2014

We use micro data for Ireland to estimate how export participation and the export revenue of incumbent exporters …

Persistent link: https://www.econbiz.de/10012458696

Information and the optimal ownership structure of firms

Matouschek, Niko (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002189676

The boundary of the firm in a model of trade within a hierarchy

Levy, Nadav (contributor) - 2003 - [Elektronische Ressource]

-world multidivisional firms: Operative decisions are in the hands of middle managers who are rewarded with incentive contracts based on the … performance of their units; Managers' decisions are subject to approval and intervention by the top management of the firm; and … managers are better informed regarding the affairs of their divisions than their superiors in the firm's hierarchy. In this …

Persistent link: https://www.econbiz.de/10002200406

Federalism and Takeover Law : The Race to Protect Managers from Takeovers

Bebchuk, Lucian Arye - 2000

respect to takeovers, states have incentives to produce rules that excessively protect incumbent managers. The development of … policy basis, and, more importantly, they have provided managers with a wider and more open-ended latitude to engage in …

Persistent link: https://www.econbiz.de/10012471028

Information Production and Capital Allocation : Decentralized vs. Hierarchical Firms

Stein, Jeremy C. - 2000

This paper assesses different organizational forms in terms of their ability to generate information about investment projects and allocate capital to these projects efficiently. A decentralized approach with small, single-manager firms is most likely to be attractive when information about...

Persistent link: https://www.econbiz.de/10012471056