[...]I will describe the dilemma by first reviewing thecontext of stagnant wages and living standards. I will thensummarize some of the trends—political and demographic—that economic angst has accelerated. Finally, I will examine the future path of the education/earningsgap in the short run,...

My assignment for this conference on U.S.wage trends was, as an outsider, to drawthe macroeconomic implications of wideningwage inequality. I shall do so in six points.[...]

Examines the changing face of work and retirement as economies face the prospect of ageining workforces. Reviews the status of policymaking concerned with age and employment and how it needs to be adapted to the changing circumstances and characteristics of individuals and societies...

Fiscal / financial sustainability of LTC systems; Quality of LTC services, home care arrangements; Encouraging informal care and formal LTC jobs...

We analyze the effect of investments in corporate social responsibility(CSR) on workers’ motivation. In our experiment, a gift exchange game variant,CSR is captured by donating a certain share of profits to a charity. Weare testing for CSR effects by varying the possible share of profits given...

We experimentally test how acceptance thresholds react to the decisionof the proposer in a three party ultimatum game to exclude oneof two responders with veto power from the game. We elicit responderacceptance thresholds in case the proposer decides to exclude one ofthem, what increases the...

Two firms compete on a sales market as well as in hiring labor. The duopolists'sales levels depend on their workforce. There are two each of two typesof workers, mobile and immobile, with differing effort costs. An immobileworker's eort costs are lower when he is employed by the local firm,...

To explain potential sources of wage rigidity this article analyzes a model of reciprocalkindness applied to a repeated ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare compatible with the rentsharingapproach to wage...

The workforce in all industrialized countries is aging. To forecast future challenges,it is important to understand the impact of a worker’s age on the labor market. In thispaper, we analyze whether older workers in Germany and Norway are treated differentlyin the hiring process. Students and...

Two firms, each consisting of a team with the owner and just oneemployee, compete on the labor market with free labor mobility. Afterobserving the investment decisions by firm owners their employees canengage in costly training, thus increasing their general and firm-specificproductivity, which...