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Are Good Workers Employed by Good Firms? A Simple Test of Positive Assortative Matching Models

Abowd, John M.; Kramarz, Francis - Econometric Society - 2004

In this article, we test a simple version of Becker's (1973) marriage model for wage setting. This model predicts positive assortative matching. We estimate this model using linked employer--employee data for the France and the United States. We reject the simple version for both countries. The...

Persistent link: https://www.econbiz.de/10005129815

Threat of Dismissal: Incentive or Sorting?

Kwon, Illoong - Econometric Society - 2004

fired because they are not well suited for their job (sorting explanation) or because the firms are trying to provide … incentives for effort (incentive explanation). This paper develops a dynamic incentive model of dismissal and proposes a …

Persistent link: https://www.econbiz.de/10005130197

Equilibrium Sorting of Heterogeneous Consumers Across Locations

Nesheim, Lars - Econometric Society - 2004

that equilibrium in the sorting economy imposes on the equilibrium price function. The equilibrium price equation …

Persistent link: https://www.econbiz.de/10005063696

Mergers Mechanisms

Viswanathan, S.; Brusco, S.; Lopomo, G. - Econometric Society - 2004

A firm can merge with one of n potential partners. The owner of each firm has private information about both his firm's stand-alone value and a component of the synergies that would be realized by the merger involving his firm. We characterize incentive-efficient mechanisms in two cases. First,...

Persistent link: https://www.econbiz.de/10005699650

Media Mergers and the Ideological Content of Programming

Wickelgren, Abraham L.; Balan, David J.; DeGraba, Patrick - Econometric Society - 2004

This paper shows how rules restricting common ownership of multiple media outlets affect both the magnitude and diversity of the ideological content of programming. While in most industries the assumption that firms maximize profits is quite reasonable, we assume that media owners derive utility...

Persistent link: https://www.econbiz.de/10005702648

School Choice, Incentives, and Academic Outcomes: Evidence from Chile

Gallego, Francisco A. - Econometric Society - 2004

This paper examines the effects of inter-school competition on student outcomes by using exogenous variation in the availability of private schools in Chile. Given that naïve estimates of the effects of competition on student outcomes are biased by endogenous entry of schools, this paper uses...

Persistent link: https://www.econbiz.de/10005328880

Coordination, Specialization and Incentives: An Equilibrium Model of Firm Boundaries

Mathewson, Frank; Horstmann, Ignatius J. - Econometric Society - 2004

incentives for multiple agents to undertake efficient levels of the separate activities. The ability of various mechanisms to … provide incentives and the way that this ability is affected by information and agent numbers will determine both which …'s perspective -- but also by the ability of the coordination mechanism to provide incentives for efficient activity levels as …

Persistent link: https://www.econbiz.de/10005328943

The Effect of the Payroll Tax on Earnings: A Test of Competing Models of Wage Determination

Lang, Kevin - Econometric Society - 2004

Under the standard competitive model, if a tax change affects a group of workers with highly inelastic labor supply, their earnings will fall by essentially the entire nominal employer share of the tax increase. Allowing the wage to play a motivational role but maintaining the market-clearing...

Persistent link: https://www.econbiz.de/10005328957

”Can They Take it With Them? The Portability of Star Knowledge Workers' Performance: Myth or Reality?”

Groysberg, Boris; Nanda, Ashish - Econometric Society - 2004

This paper examines the portability of star security analysts’ performance. Analysis from a panel data set of research analysts in investment banks over 1988-1996 reveals that star analysts who switch employers show an immediate decline in performance, which persists for at least five years....

Persistent link: https://www.econbiz.de/10005329003

Evaluating Incentive Options

Xiong, Wei; Sircar, Ronnie - Econometric Society - 2004

cost, exercising strategies, and induced incentives. Especially, we highlight some significant interactions among different …

Persistent link: https://www.econbiz.de/10005329033