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The research area of the new economics of personnel has a short but important and insightful history. Theory ahead of measurement asks for testing newly developed human resource concepts. These tests often need detailed firm-specific data. Repetition and comparison of results is key in finding...
Persistent link: https://www.econbiz.de/10010261588
, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker …'s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10010276980
, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker …'s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10010277117
criteria can ration visas on one or more characteristics that enhance labor market earnings (e.g., education), or on …
Persistent link: https://www.econbiz.de/10010262350
We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two … a decline in the slope of the wage-tenure profile. Our empirical analysis provides strong support for this prediction. …
Persistent link: https://www.econbiz.de/10010276684
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10010268676
acquisition, with important implications for the assessment of immigrants’ career paths and the estimation of their earnings …
Persistent link: https://www.econbiz.de/10013229696
We estimate the wage effects of foreign direct investment (FDI) with universal firm-level and linked employer-employee panel data containing 4,926 foreign acquisitions in Hungary. Matching on pre-acquisition data and controlling for fixed effects for firms and detailed worker groups, we find...
Persistent link: https://www.econbiz.de/10010291431
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population … research explained why education enhances earnings; why earnings rise at a diminishing rate throughout one's life; why earnings … questions based on research emanating from Mincer's original earnings function specification. …
Persistent link: https://www.econbiz.de/10010268458
explain approximately 50 per cent of the differences in expected individual earnings across regions, while differences in …
Persistent link: https://www.econbiz.de/10010262500