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Employment and Wage Effects of Privatization: Evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Álmos - Institute for the Study of Labor (IZA) - 2008
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10005233777
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The Financial and Operating Performance of Privatized Firms in Sweden
Tatahi, Motasam; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2009
privatized firms. First, accounting data prior to and after the privatization are employed to measure the operating performance … are significantly different to private counterparts. Overall results, however, show that the privatization in Sweden was …
Persistent link: https://www.econbiz.de/10005762205
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Who Do Unions Target? Unionization over the Life-Cycle of U.S. Businesses
Dinlersoz, Emin; Greenwood, Jeremy; Hyatt, Henry R. - Institute for the Study of Labor (IZA) - 2014
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10010959698
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Do Entrepreneurs Matter?
Becker, Sascha O.; Hvide, Hans K. - Institute for the Study of Labor (IZA) - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010604486
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Do Social Preferences Increase Productivity? Field Experimental Evidence from Fishermen in Toyama Bay
Carpenter, Jeffrey; Seki, Erika - Institute for the Study of Labor (IZA) - 2005
We provide a reason for the wider economics profession to take social preferences, a concern for the outcomes achieved by other reference agents, seriously. Although we show that student measures of social preference elicited in an experiment have little external validity when compared to...
Persistent link: https://www.econbiz.de/10005761899
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Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis: Relational Contracts with Individual and Uniform Wages
Kocher, Martin G.; Luhan, Wolfgang J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10011279270
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Strategic Mismatches in Competing Teams
Kräkel, Matthias - Institute for the Study of Labor (IZA) - 1999
This paper discusses the strategic role of mismatching, where players voluntarily form inefficient teams or forego the formation of efficient teams, respectively. Strategic mismatching can be rational when players realize a competitive advantage (e.g. harming other competitors). In addition, the...
Persistent link: https://www.econbiz.de/10005703300
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Competing with Asking Prices
Lester, Benjamin R.; Visschers, Ludo; Wolthoff, Ronald P. - Institute for the Study of Labor (IZA) - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10010812035
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Asymmetric Information between Employers
Kahn, Lisa B. - Institute for the Study of Labor (IZA) - 2013
Employer learning about workers' abilities plays a key role in determining how workers sort into jobs and are compensated. This study explores whether learning is symmetric or asymmetric, i.e., whether potential employers have the same information about worker ability as the incumbent firm. I...
Persistent link: https://www.econbiz.de/10010699682
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Employer Learning, Productivity and the Earnings Distribution: Evidence from Performance Measures
Kahn, Lisa B.; Lange, Fabian - Institute for the Study of Labor (IZA) - 2010
Two ubiquitous empirical regularities in pay distributions are that the variance of wages increases with experience, and innovations in wage residuals have a large, unpredictable component. The leading explanations for these patterns are that over time, either firms learn about worker...
Persistent link: https://www.econbiz.de/10008466013