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In many countries the shadow employment has a very high priority among policymakers. A new time series for this component of the labour market has been recently released by the Italian institute of statistics. Taken together they give the motivation and the occasion for a fresh analysis of the...
Persistent link: https://www.econbiz.de/10005076511
situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We … find that CEOs are considerably more trusting and exhibit more trustworthiness than students—thus reaching substantially … higher efficiency levels than students. Moreover, we find that, for CEOs as well as for students, incentives based on …
Persistent link: https://www.econbiz.de/10005076520
In this paper labour productivity growth and its impacts are studied at the industry level. The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is that the industry structure that leads to fast...
Persistent link: https://www.econbiz.de/10005124953
The article examines the optimal choice of monitoring intensity when workers face external incentives (incentives that are not provided by the firm), such as tips, satisfaction from working well, or the desire to build reputation in order to be more attractive to other employers. Increase in...
Persistent link: https://www.econbiz.de/10005125035
This paper highlights the social costs from non-price rationing of the labour force due to the minimum wage. By short-circuiting the ability of low reservation-wage workers to underbid high-reservation wage workers, the minimum wage interferes with the market's basic function of grouping the...
Persistent link: https://www.econbiz.de/10005125784
Based on a new panel dataset created in close cooperation with one of the largest temporary help agencies (THAs) in Germany, this paper presents novel evidence on key aspects of temporary agency work, a segment of the labor market that despite its growing importance remains underresearched. In...
Persistent link: https://www.econbiz.de/10005125786
Based on a new panel dataset created in close cooperation with one of the largest temporary help agencies (THAs) in Germany, this paper presents novel evidence on key aspects of temporary agency work, a segment of the labor market that despite its growing importance remains underresearched. In...
Persistent link: https://www.econbiz.de/10005125813
where wage inflation has been very low for many years in the 1990s. We find that the rigidity of nominal wages is a robust … adjustments. In the absence of downward nominal rigidity, real wages would indeed be quite responsive to unemployment. Moreover … of nominal wages indeed contributes to unemployment. …
Persistent link: https://www.econbiz.de/10005126446
Three issues are addressed in this paper. First, we use both household and macro data to establish how fast per capita consumption and incomes grew in Ghana in the 1990s. Second, we ask how much of the rise in incomes was due to rises in the level of human capital and how much reflected...
Persistent link: https://www.econbiz.de/10005407717
Tipping is a phenomenon that illustrates the importance of social norms and psychological reasons in motivating economic behavior. People tip because this is the social norm and disobeying norms results in psychological disutility. Tipping is also economically important: in the United States...
Persistent link: https://www.econbiz.de/10005407760