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Skills substitutability and technological progress : U.S. states 1950-1990

Ciccone, Antonio; Peri, Giovanni - 2003

In this article we estimate the long-run aggregate elasticity of substitution between skilled and unskilled workers. This is an important parameter as it allows us to compute the skill biased technological progress (SBTP) from the evolution of relative wages. However, it is hard to estimate...

Persistent link: https://www.econbiz.de/10011509429

Trust and workplace performance

Addison, John T.; Teixeira, Paulino - 2019

's assessment of the economic or financial situation of the workplace and its relative labor productivity. Trust is initially … dissonance between the assessments of the two sides as to the quality of industrial relations at the workplace. All trust … two more favored trust measures that any one type of formal workplace representation - either works councils or union …

Persistent link: https://www.econbiz.de/10011990021

Discrimination in the general population

Angerer, Silvia; Brosch, Hanna; Glätzle-Rützler, Daniela - 2024

We present representative evidence of discrimination against migrants through an incentivized choice experiment with over 2,000 participants. Decision makers allocate a fixed endowment between two receivers. To measure discrimination, we randomly vary receivers’ migration background and other...

Persistent link: https://www.econbiz.de/10014533789

Being independent is a great thing : subjective evaluations of self-employment and hierarchy

Frey, Bruno S.; Benz, Matthias - 2003

One can be independent, or subject to decisions made by others. This paper empirically tests whether individuals attach an intrinsic value to the institutional difference between independence and hierarchy. Taking self-employment as an important case of independence, it is shown that the...

Persistent link: https://www.econbiz.de/10011507967

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 labour market with different abilities and firms differ in their productivities. Wages are dispersed...

Persistent link: https://www.econbiz.de/10009659316

Gender and ethnicity : married immigrants in Britain

Dustmann, Christian (contributor); … - 2005

In this paper we investigate the economic activity of married or cohabiting female immigrants in Britain. We distinguish between two immigrant groups: foreign-born females who belong to an ethnic minority group and their husbands, and foreign-born white females and their husbands. We compare...

Persistent link: https://www.econbiz.de/10003204026

Asymmetric information renders minimum wages less harmful

Schöb, Ronnie; Thum, Marcel - 2009

We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information. -- minimum wages ; unemployment ; asymmetric...

Persistent link: https://www.econbiz.de/10003833327

Contracts, fairness, and incentives

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2004

contracts in a moral hazard context. Explicit incentive contracts that are optimal according to self-interest theory become …

Persistent link: https://www.econbiz.de/10011449534

Wage formation under low inflation

Holden, Steinar - 2004

This paper reviews the literature on the effects of low steady-state inflation on wage formation, focusing on four different effects. First, under low inflation, downward nominal wage rigidity (DNWR) may prevent real wage cuts that would have happened had inflation been higher. Second, wages...

Persistent link: https://www.econbiz.de/10011450344

Theories of fairness and reciprocity : evidence and economic applications

Fehr, Ernst; Schmidt, Klaus M. - 2000

Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...

Persistent link: https://www.econbiz.de/10011397676