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The Gender Earnings Gap inside a Russian Firm: First Evidence from Personnel Data - 1997 to 2002 ; Updated Version

Dohmen, Thomas; Lehmann, Hartmut; Zaiceva, Anzelika - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

Using unique personnel data from one Russian firm for the years 1997 to 2002 we study the size, development and determinants of the gender earnings gap in an internal labor market during late transition. The gap is sizable but declines strongly over the entire period. Gender earnings...

Persistent link: https://www.econbiz.de/10005071134

Career Prospects and Effort Incentives: Evidence from Professional Soccer

Miklós-Thal, Jeanine; Ullrich, Hannes - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...

Persistent link: https://www.econbiz.de/10011185757

Long-Term Effects of Unpaid Overtime

Pannenberg, Markus - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

Why do people work unpaid overtime? We show that remarkable long-term labor earnings gains are associated with unpaid overtime in West Germany. A descriptive analysis suggests that over a 10-year period workers with unpaid overtime experience on average at least a 10 percentage points higher...

Persistent link: https://www.econbiz.de/10005018670

Voluntary Teaming and Effort

Keser, Claudia; Montmarquette, Claude - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

In a series of experimental games, each of two players may choose between remuneration based on either private or team effort. Although at least one of the players has the subgame perfect equilibrium strategy to choose remuneration based on private effort, we frequently observe team remuneration...

Persistent link: https://www.econbiz.de/10004963977

Working Time as an Investment?: The Effects of Unpaid Overtime on Wages, Promotions, and Layoffs

Anger, Silke - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

, unpaid overtime hours are positively associated with the risk of future dismissal. …

Persistent link: https://www.econbiz.de/10005068730

GEE Estimation of a Two-Equation Panel Data Model: An Analysis of Wage Dynamics and the Incidence of Profit-Sharing in West Germany

Pannenberg, Markus; Spieß, Martin - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

We propose a generalized estimating equations approach to the analysis of the mean and the covariance structure of a bivariate time series process of panel data with mixed continuous and discrete dependent variables. The approach is used to jointly analyze wage dynamics and the incidence of...

Persistent link: https://www.econbiz.de/10005068845

Umfang und Kompensation von Überstunden: eine vergleichende Analyse für Westdeutschland und Großbritannien

Pannenberg, Markus; Wagner, Gert G. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2001

In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We observe striking differences between the two countries...

Persistent link: https://www.econbiz.de/10005069075

Asymmetric Information and Roll-over Risk

König, Philipp; Pothier, David - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

proposes a model of equilibrium maturity choice with asymmetric information and endogenous roll-over risk. We show that in the …-over risk in order to minimize price distortions. Short-term financing is socially desirable when banks' capacity to repay short … downgrade face sufficiently high roll-over risk, the equilibrium maturity structure approaches the constrained efficient …

Persistent link: https://www.econbiz.de/10011266595

Price Discovery and Trade Fragmentation in a Multi-Market Environment: Evidence from the MTS System

Caporale, Guglielmo Maria; Girardi, Alessandro - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

This paper proposes new metrics for the process of price discovery on the main electronic trading platform for euro-denominated government securities. Analysing price data on daily transactions for 107 bonds over a period of twenty-seven months, we find a greater degree of price leadership of...

Persistent link: https://www.econbiz.de/10009228758

The Effects of Terrorism and War on the Oil and Prices Stock Indices Relationship

Kollias, Christos; Kyrtsou, Catherine; Papadamou, Stephanos - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

This paper, investigates the effect war and terrorism, have on the covariance between oil prices and the indices of four major stock markets - the American S&P500 and the European DAX, CAC40 and FTSE100 - using nonlinear BEKK-GARCH type models. Findings reported herein indicate that the...

Persistent link: https://www.econbiz.de/10009399078