Showing 1 - 10 of 209
Centralized sanctioning institutions are of utmost importance for overcoming free-riding tendencies and enforcing … outcomes that maximize group welfare in social dilemma situations. However, little is known about how such institutions come … institutions in a public goods game. Our theoretical analysis shows that players may form sanctioning institutions in equilibrium …
Persistent link: https://www.econbiz.de/10005703775
This paper emphasizes that the evolution of religious institutions in Europe was influenced by the expansionary threat … cooperation (at the very least, to a secession of hostilities) when such groups are faced with the threat of potentially stronger …
Persistent link: https://www.econbiz.de/10005762252
Primary education in India is a development question of a unique magnitude, and the delivery of education by Indian …
Persistent link: https://www.econbiz.de/10010886135
factors governing entry rates, especially in the context of developing countries. Using 3-digit industry level data from India … institutional and legacy factors. We also find evidence to suggest that, in India, entry rates were positively associated with …
Persistent link: https://www.econbiz.de/10005566382
We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey panel data we identify job changes that take place both...
Persistent link: https://www.econbiz.de/10005233755
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...
Persistent link: https://www.econbiz.de/10005703658
We estimate wage and job tenure functions that include individual and firm effects capturing time-invariant unobserved … effects in both the wage and the job tenure equation. We look into the correlation of the unobserved heterogeneity components … with each other. We find that high-wage workers tend to be low-tenure workers, i.e. higher unobserved ability seems to be …
Persistent link: https://www.econbiz.de/10005822234
the most rigorous evidence to date on several related dimensions of enduring debates surrounding upward-sloping earnings-tenure … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay …
Persistent link: https://www.econbiz.de/10005822365
for men. Finally, the works council wage premium is associated with longer job tenure. This suggests that some of the … premium is a noncompetitive rent, even if works council voice may dominate its distributive effects insofar as tenure is …
Persistent link: https://www.econbiz.de/10005822757
According to the aims of the labour market reforms of the 90s implemented in many European countries, workers may stay at their first job for a shorter time, but should be able to switch jobs easily. This would generate a trade-off between job opportunities and job stability. This paper...
Persistent link: https://www.econbiz.de/10008514851