Showing 1 - 10 of 52
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10008560408
-tenure profiles. Most importantly we provide the first direct test of the relative validity of human capital and agency explanations … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we …
Persistent link: https://www.econbiz.de/10005822365
Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010884121
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...
Persistent link: https://www.econbiz.de/10010884135
We study the effects of managerial practices in schools on students' outcomes. We measure managerial practices using the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable across countries. We find substantial heterogeneity in...
Persistent link: https://www.econbiz.de/10010959682
Using a large administrative dataset for Germany, this paper compares employment developments in exiting and surviving establishments. For both West and East Germany we find a clear "shadow of death" effect reflecting lingering illness: establishments shrink dramatically already several years...
Persistent link: https://www.econbiz.de/10011271998
The paper analyzes the gender pay gap in private-sector management positions based on German panel data and using fixed-effects models. It deals with the effect of occupational sex segregation on wages, and the extent to which wage penalties for managers in predominantly female occupations are...
Persistent link: https://www.econbiz.de/10011279340
Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less...
Persistent link: https://www.econbiz.de/10009225778
While most countries welcome (and some even subsidise) high-skilled immigrants, there is very limited evidence of their importance for domestic firms. To guide our empirical analysis, we first set up a simple theoretical model to show how foreign experts may impact on the productivity and wages...
Persistent link: https://www.econbiz.de/10009325421
Using data on team assignment and weekly output for all weavers in an urban Chinese textile firm between April 2003 and March 2004, this paper studies a) how randomly assigned teammates affect an individual worker's behavior under a tournament-style incentive scheme, and b) how such effects...
Persistent link: https://www.econbiz.de/10009403397