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of some industrial skills coexisting with reports of skill shortages by many enterprises. This paper uses data from the … demand for skills over time, and the potential reasons for reported staffing problems and skill shortages, including labor … turnover, compensation policies and the inhibiting effects of labor regulations. It discusses in-service training as an …
Persistent link: https://www.econbiz.de/10005822530
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …
Persistent link: https://www.econbiz.de/10010884235
Thurow’s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a...
Persistent link: https://www.econbiz.de/10005763770
“skill-weights” view, allows all skills to be general in that there are other firms that use the each of the skills. But …
Persistent link: https://www.econbiz.de/10005703682
is known about mechanisms. We use the universe of Canadian mortality records to document that Canada's Minimum Legal …
Persistent link: https://www.econbiz.de/10011105048
valuation methodology that incorporates these dynamic factors produces considerably smaller compensation valuations than those …
Persistent link: https://www.econbiz.de/10005822547
While a variety of studies analysed the benign effects of privatisation on firm performance under post-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows a weaving mill from 1998 to 1997 on its way of...
Persistent link: https://www.econbiz.de/10005822764
In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...
Persistent link: https://www.econbiz.de/10009416946
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10009001089
modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several …
Persistent link: https://www.econbiz.de/10009251371