Showing 1 - 10 of 91
Labour market discrimination against women and parental discrimination against daughters are two of the most commonly cited explanations of the gender gap in education in developing countries. This study empirically tests the labour market explanation for India using household survey data...
Persistent link: https://www.econbiz.de/10010746292
This paper sets out the economic analytics of pensions. After introductory discussion, successive sections consider the effects of different pension arrangements on labour markets, on national savings and growth, and on the distribution of burdens and benefits. These areas are controversial and...
Persistent link: https://www.econbiz.de/10010928707
This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment … risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment … dismissals are optimal if exogenous unemployment compensation is sufficiently generous. …
Persistent link: https://www.econbiz.de/10010928803
The theory of equalizing differences suggests that employer provided pension benefits should be compensated by reduced wage benefits for an employee’s given produc-tivity potential. This paper presents an empirical analysis of compensating wage differentials for occupational pension scheme...
Persistent link: https://www.econbiz.de/10010746000
We investigate the effect of employer job security guarantees on employee perceptions of job security. Using linked employer-employee data from the 1998 British Workplace Employee Relations Survey, we find job security guarantees reduce employee perceptions of job insecurity. This finding is...
Persistent link: https://www.econbiz.de/10010746582
The world-wide inflation in executive compensation in recent years has been accompanied by an increase in the prevalence of long-term incentives. This article demonstrates how the subjectively perceived value of long-term incentives is affected by risk aversion, uncertainty aversion, and time...
Persistent link: https://www.econbiz.de/10011126291
This paper reviews changes in pension policies in EU countries between 1995 and 2005 and describes how they might affect risk of poverty for future pensioner populations. The pension landscape in Europe has changed considerably in the past decade and the paper highlights commonalities as well as...
Persistent link: https://www.econbiz.de/10011126478
most of the key variables, as well as the negative co-variation of unemployment and vacancies. It offers a workable …
Persistent link: https://www.econbiz.de/10011071277
This paper studies the effect of product market competition on the explicit compensation packages that firms offer to their CEOs, executives and workers. We use a large sample of both traded and non-traded UK firms and exploit a quasi-natural experiment associated to an increase in competition....
Persistent link: https://www.econbiz.de/10011071481
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10010884716