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The limited nature of data on employment referrals in large business and household surveys has so far impeded our efforts to understand the relationships among employment referrals, match quality, wage trajectories, and turnover. Using a new firm-level data set that includes explicit information...
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Many employers adopt practices that insulate their workforces from the outside labor market. One defining characteristic of such an "internal labor market" is a company wage policy that diverges from that of the external market. These divergences may occur for an entire employer on average, or...
Persistent link: https://www.econbiz.de/10005512225
In the last quarter century, wage inequality has increased dramatically in the United States. At the same time, the United States has become more integrated into the world economy, relative prices of final goods have changed, the capital stock has more than doubled, and the labor force has...
Persistent link: https://www.econbiz.de/10005526274
relationship between workplace innovations and establishment productivity and wages. Using both cross-sectional and longitudinal … wages. Specifically, we find a positive and significant relationship between the proportion of non-managers using computers … examine the determinants of wages within these establishments, we find that re-engineering a workplace to incorporate more …
Persistent link: https://www.econbiz.de/10005526275
facilitating adjustments to shocks when wages are rigid downwards (grease). This paper investigates whether these two effects can … find some indications that occupational wages in large firms gained flexibility in the past four years. These results …
Persistent link: https://www.econbiz.de/10005526314
The literature on executive compensation at banks has proceeded largely under the assumption that a single elasticity can adequately describe the sensitivity of executive pay to firm performance, but theories of performance based pay and tournament pay suggest that this assumption may be...
Persistent link: https://www.econbiz.de/10005420489
has directly estimated the joint impact of these different causes. In this paper, we view wages as arising out of a … specify an empirical model which allows us to estimate the general equilibrium relationship between wages and technology …
Persistent link: https://www.econbiz.de/10005420516
It is now well documented that the gender wage gap declined substantially in the 1980s, despite rising overall wage inequality. While Blau and Kahn (JoLE 1997) attribute much of this improvement to gains in women's relative labor market experience and other observable characteristics, a...
Persistent link: https://www.econbiz.de/10005420556