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Two-Way Migration between Similar Countries
Kreickemeier, Udo - 2015
We develop a model to explain two-way migration of high-skilled individuals between countries that are similar in their economic characteristics. High-skilled migration results from the combination of workers whose abilities are private knowledge, and a production technology that gives...
Persistent link: https://www.econbiz.de/10013010487
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Worker Characteristics and Wage Differentials: Evidence from a Gift-Exchange Experiment
Englmaier, Florian; Strasser, Sebastian; Winter, Joachim - CESifo - 2011
measures of workers’ productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10009364733
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The Information Value of Central School Exams
Schwerdt, Guido - 2015
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...
Persistent link: https://www.econbiz.de/10013020502
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Job Search, Human Capital and Wage Inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labor market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10013098341
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Common Ownership, Competition, and Top Management Incentives
Anton, Miguel - 2020
When one firm's strategy affects other firms' value, optimal executive incentives depend on whether shareholders have interests in only one or in multiple firms. Performance-sensitive contracts induce managerial effort to reduce costs, and lower costs induce higher output. Hence, greater...
Persistent link: https://www.econbiz.de/10012854854
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Absenteeism, Unemployment and Employment Protection Legislation : Evidence from Italy
Scoppa, Vincenzo; Vuri, Daniela - 2021
discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …
Persistent link: https://www.econbiz.de/10013315813
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Human Capital, Signaling, and Employer Learning. What Insights Do We Gain from Regression Discontinuity Designs
Graetz, Georg - 2018
similar credentials) on wages. Using a simple model of asymmetric information, I show that RDD estimates the information value … of a diploma. A positive information value arises if employers, unable to observe the test score that determines diploma … information value regardless of whether workers' productivity is solely determined by acquisition of knowledge and skills through …
Persistent link: https://www.econbiz.de/10012929537
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Information Asymmetry, Education Signals and the Case of Ethnic and Native Germans
Hornig, Stephan O.; Rottmann, Horst; Wapler, Rüdiger - 2021
whether the signalling value differs between the migrants and non-migrants in the German labour market. Starting from the …
Persistent link: https://www.econbiz.de/10013316355
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Worker Characteristics and Wage Differentials : Evidence from a Gift-Exchange Experiment
Englmaier, Florian - 2011
measures of workers' productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10013118359
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Workfare, Monitoring, and Efficiency Wages
Holzner, Christian - 2006
The impact of a stronger work requirement for welfare recipients in a workfare program is studied in an efficiency wage model where a representative firm chooses its level of monitoring activities. A stricter workfare policy raises employment and monitoring activities. It typically increases...
Persistent link: https://www.econbiz.de/10012779786