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When and how to create a job : the survival of new jobs in Austrian firms

Böheim, René (contributor); Stiglbauer, Alfred (contributor) - 2005

While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of...

Persistent link: https://www.econbiz.de/10002815677

The effect of income on mortality : new evidence for the absence of a causal link

Ahammer, Alexander; Horvath, Gerard Thomas; … - 2015

endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …

Persistent link: https://www.econbiz.de/10011295560

Seniority wages and the role of firms in retirement

Frimmel, Wolfgang; Horvath, Gerard Thomas; … - 2015

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …

Persistent link: https://www.econbiz.de/10011296070

Banking on snow : bank capital, risk, and employment

Baumgartner, Simon; Stomper, Alex; Schober, Thomas; … - 2022

How does small-firm employment respond to exogenous labor productivity risk? We find that this depends on the capitalization of firms' local banks. The evidence comes from firms offering (quasi-) fixed employment to workers whose productivity depends on the weather. Weather risk reduces this...

Persistent link: https://www.econbiz.de/10013358738

Are Austrian returns to education falling over time?

Fersterer, Josef; Winter-Ebmer, Rudolf - 1999

In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. These falling returns are not caused by changes in the sample design and reduced willingness to...

Persistent link: https://www.econbiz.de/10011313940

Smoking, discount rates, and returns to education

Fersterer, Josef; Winter-Ebmer, Rudolf - 2000

Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...

Persistent link: https://www.econbiz.de/10011325993

External pay transparency and the gender wage gap

Frimmel, Wolfgang; Schmidpeter, Bernhard; Wiesinger, Rene; … - 2023

We show that providing publicly available wage information in vacancies, so-called external pay transparency, can … reduce the gender wage gap. There is an increasing interest in pay transparency policies as a tool to combat unequal pay. We … exploit a reform of Austria's Equal Treatment Law to evaluate how providing wage information in vacancies affects the gender …

Persistent link: https://www.econbiz.de/10014290412

Does the color of the collar matter? : firm specific human capital and post-displacement outcomes

Schwerdt, Guido; Ichino, Andrea; Ruf, Oliver; … - 2008

We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run, there are only weak effects for blue collar workers...

Persistent link: https://www.econbiz.de/10003741925

How do automation and offshorability influence unemployment duration and subsequent job quality?

Schmidpeter, Bernhard; Winter-Ebmer, Rudolf - 2018

We analyze the effect of automation and offshorability on unemployment duration and post-unemployment outcomes such as wages and employment stability. Our rich administrative data allow us to evaluate the importance of providing unemployment training in this context. Employing a multivariate...

Persistent link: https://www.econbiz.de/10011895786