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What Are Over-the-Road Truckers Paid For? Evidence from an Exogenous Regulatory Change on the Role of Social Comparisons and Work Organization in Wage Determination
Burks, Stephen V.; Guy, Frederick - Institute for the Study of Labor (IZA) - 2012
economic deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road … deregulation and union coverage fell slowly, while in TL both the union differential and union coverage fell sharply. We review …
Persistent link: https://www.econbiz.de/10009652529
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Employment Outcomes and the Interaction Between Product and Labor Market Deregulation: Are They Substitutes or Complements?
Fiori, Giuseppe; Nicoletti, Giuseppe; Scarpetta, Stefano; … - Institute for the Study of Labor (IZA) - 2007
countries over the period 1980-2002, we present evidence that product market deregulation is more effective at the margin when … labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor … market deregulation. We show that these results are mostly consistent with the basic predictions of a standard bargaining …
Persistent link: https://www.econbiz.de/10005762118
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Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants
Eslava, Marcela; Haltiwanger, John; Kugler, Adriana; … - Institute for the Study of Labor (IZA) - 2005
In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for nonlinear adjustment of employment to reflect not only adjustment costs of labor but also adjustment costs of capital, and vice-versa. Using data from the Annual Manufacturing Survey,...
Persistent link: https://www.econbiz.de/10005703671
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Do Changes in Regulation Affect Temporary Agency Workers' Job Satisfaction?
Busk, Henna; Jahn, Elke J.; Singer, Christine - Institute for the Study of Labor (IZA) - 2015
This paper evaluates the impact on temporary agency workers’ job satisfaction of a reform that considerably changed regulations covering the temporary help service sector in Germany. We isolate the causal effect of this reform by combining a difference-in-difference and matching approach and...
Persistent link: https://www.econbiz.de/10011163482
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Do Foreign Owners Favor Short-Term Profit? Evidence from Germany
Dill, Verena; Jirjahn, Uwe; Smith, Stephen C. - Institute for the Study of Labor (IZA) - 2014
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not sent from the foreign parent company. Moreover, the...
Persistent link: https://www.econbiz.de/10010884296
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Wage-Hours Contracts, Overtime Working and Premium Pay
Hart, Robert A.; Ma, Yue - Institute for the Study of Labor (IZA) - 2008
This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime premium pay. We expand on the wage contract literature that emphasises the role of firm-specific human capital and that explores problems of contract efficiency in the face of...
Persistent link: https://www.econbiz.de/10005233734
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Why Do Firms Pay an Overtime Premium?
Hart, Robert A.; Ma, Yue - Institute for the Study of Labor (IZA) - 2000
We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For...
Persistent link: https://www.econbiz.de/10005761660
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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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Performance Pay, Sorting, and Outsourcing
Sousa-Poza, Alfonso; Henneberger, Fred; Ziegler, Alexandre - Institute for the Study of Labor (IZA) - 2007
Implementing performance pay requires that workers' output be measured. When measurement costs differ among firms, those with a measurement cost advantage choose to implement performance pay. They attract the best workers, and both the level and variability of compensation are higher at these...
Persistent link: https://www.econbiz.de/10005703403
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How Often Should You Open the Door? Optimal Monitoring to Screen Heterogeneous Agents
Ichino, Andrea; Muehlheusser, Gerd - Institute for the Study of Labor (IZA) - 2004
This paper shows that monitoring too much a partner in the initial phase of a relationship may not be optimal if the goal is to determine his loyalty to the match and if the cost of ending the relationship increases over time. The intuition is simple: by monitoring too much we learn less on how...
Persistent link: https://www.econbiz.de/10005703754