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Several studies show that employees with firm-specific skills are more likely to be covered by employer-sponsored pension schemes than workers with general skills. Therefore it can be expected that workers with firm-specific skills retire earlier. This paper tests this prediction using US data...
Persistent link: https://www.econbiz.de/10005859647
Many previous studies try to discover job preferences by directly asking individuals. Since itis not sure, whether answers to these surveys are relevant for actual behaviour, this empiricalexamination offers a new approach based on representative German data. Employees whoquit their job and find...
Persistent link: https://www.econbiz.de/10009522195
Many previous studies try to discover job preferences by directly asking individuals. Since itis not sure, whether answers to these surveys are relevant for actual behaviour, this empiricalexamination offers a different approach based on representative German data. Employees whoquit their job...
Persistent link: https://www.econbiz.de/10009354144
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 … incentive device. Dismissal barriers also distort the dynamics of worker effort levels over time, cause firms to rely more on …
Persistent link: https://www.econbiz.de/10005860225