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younger and older workers increases more in slower-growing, older, and larger firms and in firms with higher mean wages, where …
Persistent link: https://www.econbiz.de/10014528380
anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …
Persistent link: https://www.econbiz.de/10012475585
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany … downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long …-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …
Persistent link: https://www.econbiz.de/10013334381
comparisons and caused employers to bargain more aggressively, lowering average wages. Other pay transparency policies, without …
Persistent link: https://www.econbiz.de/10014247982
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
wages increase. I test my model’s predictions using the personnel records from a large US firm from 1970-1988. I find a …
Persistent link: https://www.econbiz.de/10011108717
To examine the productivity, employment and wage effects of ICT, we apply novel occupationbased measures of …
Persistent link: https://www.econbiz.de/10011113358
This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. We propose a model of the labor market in which a larger supply of older workers can...
Persistent link: https://www.econbiz.de/10014576641
There is considerable and widespread concern about whether CEOs are appropriately punished for poor performance. The empirical literature on CEO turnover documents that CEOs are indeed more likely to be forced out if their performance is poor relative to the industry average. However, CEOs are...
Persistent link: https://www.econbiz.de/10008565949
Persistent link: https://www.econbiz.de/10011885587