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Wage policy and endogenous wage rigidity : a representative view from the inside
Agell, Jonas; Bennmarker, Helge - 2002
We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. We trace the lack of wage moderation to a combination of exogenous...
Persistent link: https://www.econbiz.de/10011410449
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What explains the rise in CEO pay in Germany? : a panel data analysis for 1977-2009
Fabbri, Francesca; Marin, Dalia - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10009508092
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Training, job security and incentive wages
Katsimē, Margarita - 2003
. This implies that firm-specific training can decrease current wages as it implies a credible commitment to lower future …
Persistent link: https://www.econbiz.de/10011507950
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Do higher government wages reduce corruption? : evidence based on a novel dataset
Le, Van-ha; Haan, Jakob de; Dietzenbacher, Erik - 2013
This paper employs a novel dataset on government wages to investigate the relationship between government remuneration … government wages as used in previous research. When the relationship between government wages and corruption is modeled to vary … with the level of income, we find that the impact of government wages on corruption is strong at relatively low …
Persistent link: https://www.econbiz.de/10009743717
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Organised labour, labour market imperfections, and employer wage premia
Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - 2020
exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …
Persistent link: https://www.econbiz.de/10012383706
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Dual returns to experience
Garcia-Louzao, Jose; Hospido, Laura; Ruggieri, Alessandro - 2022
In this paper we study how labor market duality affects human capital accumulation and wage trajectories of young workers. Using rich administrative data for Spain, we follow workers since their entry into the labor market to measure experience accumulated under different contractual...
Persistent link: https://www.econbiz.de/10013419247
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Voice at work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
(job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and …
Persistent link: https://www.econbiz.de/10012486389
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Wage determination in the shadow of the law : the case of works councilors in Germany
Goerke, Laszlo; Pannenberg, Markus - 2021
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012438474
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Contract duration and indexation in a period of real and nominal uncertainty
Christofidēs, Loizos N.; Peng, Amy Chen - 2003
A sample of 11885 wage agreements, reached in the Canadian unionized sector during 1976-2000, a period of high as well as exceptionally low inflation and substantial fluctuations in nominal and real uncertainty, is used to study the determinants of key provisions of contracts such as their...
Persistent link: https://www.econbiz.de/10011508096
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Workfare in an efficiency wage model
Meier, Volker - 2002
The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...
Persistent link: https://www.econbiz.de/10011409174