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Catching Hipo's: Screening, Wages and Unemployment

Janssen, Maarten C.W. - Tinbergen Instituut - 2000

In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...

Persistent link: https://www.econbiz.de/10011255551

Investor Sentiment and Employment

Montone, Maurizio; Zwinkels, Remco C.J. - Tinbergen Instituut - 2015

We find that investor sentiment should affect a firm's employment policy in a world with moral hazard and noise traders. Consistent with the model's predictions, we show that higher sentiment among US investors leads to: (1) higher employment growth worldwide; (2) lower labor productivity, as the...

Persistent link: https://www.econbiz.de/10011255878

Separations at the Firm Level

Gautier, Pieter A.; Berg, Gerard J. van den; Ours, Jan … - Tinbergen Instituut - 1999

This discussion paper resulted in a publication in Econometrica (1998). Volume 66, issue 5, pages 1183-1221. This paper analyzes the determinants of lay-offs, job-to-job movements and totalseparations with a unique data set that combines information on individual firmsand their workers. We are...

Persistent link: https://www.econbiz.de/10011256301

Discrimination in the Labor Market: The Curse of Competition between Workers

Haan, Thomas de; Offerman, Theo; Sloof, Randolph - Tinbergen Instituut - 2011

In the labor market, statistical discrimination occurs when employers' beliefs about workers' behavior induce different groups of workers to invest at different rates in their education. Thus, even though groups may be identical ex-ante, the beliefs of the employers are self-fulfilling....

Persistent link: https://www.econbiz.de/10011256510

The Impact of Gender Diversity on the Performance of Business Teams: Evidence from a Field Experiment

Hoogendoorn, Sander; Oosterbeek, Hessel; Praag, Mirjam van - Tinbergen Instituut - 2011

This discussion paper resulted in an article in Management Science. Volume 59 issue 7, pages 1514-1528. This paper reports on a field experiment conducted to estimate the impact of the share of women in business teams on their performance. Teams consisting of undergraduate students in business...

Persistent link: https://www.econbiz.de/10011272579

Skill Variety, Innovation and New Business Formation

Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Tinbergen Instituut - 2014

We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … commercial value. Our findings support the notion that entrepreneurship can be learned. …

Persistent link: https://www.econbiz.de/10011272604

Spatial Activity and Labour Market Patterns

Russo, Giovanni; Reggiani, Aura; Nijkamp, Peter - Tinbergen Instituut - 2005

The spatial activity patterns of firms in a multi-regional system are closely connected with the structure and evolution of regional labour markets. Based on an extensive data set (cross-section) on commuting flows in Germany, this paper aims to identify the relationship between entrepreneurial...

Persistent link: https://www.econbiz.de/10011255458

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Instituut - 2011

-averse peoplemight be suited to entrepreneurship; and it may also help explain why prior researchhas generated mixed evidence about the … effects of risk aversion on selection into entrepreneurship. …

Persistent link: https://www.econbiz.de/10011255496

Uncertainty Avoidance and the Rate of Business Ownership across 22 OECD Countries, 1976-2000

Wennekers, Sander; Thurik, Roy; Stel, André van; … - Tinbergen Instituut - 2003

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

Persistent link: https://www.econbiz.de/10011255529

It's the Opportunity Cost, stupid! How Self-Employment responds to Financial Incentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; Praag, Mirjam van - Tinbergen Instituut - 2011

There is no robust empirical support for the effect of financial incentives on the decision to work in selfemploymentrather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on theopportunity cost, i.e. the wages given up as an employee. Information on income...

Persistent link: https://www.econbiz.de/10011255541