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require considerable training. The empirical predictions of the theory are successfully tested using industry-level data on …
Persistent link: https://www.econbiz.de/10010744991
Assortative Matching between workers and firms provides evidence of the complementarities or substitutes in production. The presence of complementarities is important for policies that aim to achieve the optimal allocation of resources, for example unemployment insurance. We argue that using...
Persistent link: https://www.econbiz.de/10010746670
CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...
Persistent link: https://www.econbiz.de/10010884490
Overall, collective bargaining coverage has dropped by around fourteen percentage points. This paper investigates the causes and consequences of the decline in collective bargaining in Britain between 1990 and 1998. One in three workplaces that practiced collective bargaining in 1990 had...
Persistent link: https://www.econbiz.de/10010745126
All that we know about the CEO labour market in China comes from studies of public listed companies and state-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese economy. We do so using World Bank enterprise data...
Persistent link: https://www.econbiz.de/10010745536
equivalent to around 14% of CEO cash compensation. Consistent with principal–agent theory bonds are negatively associated with …
Persistent link: https://www.econbiz.de/10011126044
Using nationally representative survey data for Finnish employees linked to register data on their wages and work histories we find wage effects of high involvement management (HIM) practices are generally positive and significant. However, employees with better wage and work histories are more...
Persistent link: https://www.econbiz.de/10011071162
Research on employers’ hiring discrimination is limited by the unlawfulness of such activity. Consequently, researchers have focused on the intention to hire. Instead, we rely on a virtual labour market, the Fantasy Football Premier League, where employers can freely exercise their taste for...
Persistent link: https://www.econbiz.de/10011126485
The standard property-rights theory of the firm assumes that prior to investing in human capital, team members meet and …
Persistent link: https://www.econbiz.de/10010884491
having different discount factors allows us to measure their relative bargaining power, a recurrent question in the theory of …
Persistent link: https://www.econbiz.de/10010884535