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Staggered Wage Setting without Money Illusion : Variations on a Theme of Taylor
Buiter, Willem H. - 1980
's assumption that wage bargainers are influenced by relative money wages rather than relative real wages. In Taylor's model money … that wage bargainers are influenced by relative real wages, which we consider somewhat more plausible, has some interesting …
Persistent link: https://www.econbiz.de/10012478589
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Wages and the Value of Nonemployment
Jäger, Simon - 2018
. The value of nonemployment is therefore a key determinant of wages. We measure the wage effect of changes in the value of … large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit … sensitivities larger than $0.03. The insensitivity holds even among workers with low wages and high predicted unemployment duration …
Persistent link: https://www.econbiz.de/10012480881
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Production Function and Wage Equation Estimation with Heterogeneous Labor : Evidence from a New Matched Employer-Employee Data Set
Hellerstein, Judith K. - 2004
productivity of women is less than that of men, but not by enough to fully explain the gap in wages, a result that is consistent … deferred wages. We find a productivity premium for marriage equal to that of the wage premium, and a productivity premium for …
Persistent link: https://www.econbiz.de/10012468369
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Wages, Profits and Rent-Sharing
Blanchflower, David G. - 1992
in wages are explained by movements in lagged levels of profitability and unemployment. The results appear to be …
Persistent link: https://www.econbiz.de/10012474741
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Do Workfare Programs Live Up to Their Promises? Experimental Evidence from Cote D'Ivoire
Bertrand, Marianne; Crépon, Bruno; Marguerie, Alicia; … - National Bureau of Economic Research - 2021
Workfare programs are one of the most popular social protection and employment policy instruments in the developing world. They evoke the promise of efficient targeting, as well as immediate and lasting impacts on participants' employment, earnings, skills and behaviors. This paper evaluates...
Persistent link: https://www.econbiz.de/10012510543
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Labor in the Boardroom
Jäger, Simon - 2019
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...
Persistent link: https://www.econbiz.de/10012480463
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Rent-sharing, Holdup, and Wages : Evidence from Matched Panel Data
Card, David - 2010
strong evidence of rent-sharing, with a "Lester range" of variation in wages between profitable and unprofitable firms of …
Persistent link: https://www.econbiz.de/10012462464
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Outsourcing when Investments are Specific and Complementary
Lileeva, Alla - 2008
Using the universe of large Canadian manufacturing firms in 1988 and 1996, we investigate to what extent outsourcing decision can be explained by a simple property rights model. The unique availability of disaggregate information on outputs as well as inputs permits the construction of a very...
Persistent link: https://www.econbiz.de/10012464170
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Investment Responses to Trade Liberalization : Evidence from U.S. Industries and Plants
Pierce, Justin R. - 2017
This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff uncertainty exhibit relative declines in investment...
Persistent link: https://www.econbiz.de/10012453642
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What Drives Aggregate Investment? Evidence from German Survey Data
Bachmann, Ruediger - 2013
The ifo Investment Survey asks firms in the German manufacturing sector about the importance of sales, technological factors, finance, return expectations, and macroeconomic policy for their investment activity in a given year. We show that these subjective investment determinants 1) capture...
Persistent link: https://www.econbiz.de/10012459672