Showing 1 - 10 of 10
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion...
Persistent link: https://www.econbiz.de/10005859642
for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …
Persistent link: https://www.econbiz.de/10011257608
We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...
Persistent link: https://www.econbiz.de/10005860225
: by offering a generous wage and by giving attention. Contrary to the traditional gift-exchange hypothesis, we show that … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10011257203
We investigate the relationship between exporting, importing, and wage premia using a richmatched employer … set of worker- and firm-levelobservable and unobservable characteristics to the wage gap, and (ii) by controlling for … firm size and sales are, todifferent extents, important components of the wage gap both for exporters and importers …
Persistent link: https://www.econbiz.de/10009522216
This paper empirically establishes the effect of the employer's term of notice on the wage level of employees. The term …
Persistent link: https://www.econbiz.de/10005861124
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...
Persistent link: https://www.econbiz.de/10011256326
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …
Persistent link: https://www.econbiz.de/10011256522
In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...
Persistent link: https://www.econbiz.de/10011256615
relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …
Persistent link: https://www.econbiz.de/10011257420