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Unions and the labor market for managers
DiNardo, John E.; Hallock, Kevin F.; Pischke, Jörn-Steffen - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10011333286
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Dynamic female labor supply
Eḳshṭain, Tsevi; Lifshitz, Osnat - 2009
The increase in female employment and participation rates is one of the most dramatic economic changes to have taken place during the last century. However, while the employment rate of married women more than doubled during the last fifty years, that of unmarried women remained almost constant....
Persistent link: https://www.econbiz.de/10003910297
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Directed search in the housing market
Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2009
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10003932400
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Concern for relative standing and deception
Galanis, Spyros; Vlassopoulos, Michael - 2014
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
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Take a chance on ABBA
Cohen-Zada, Danny; Krumer, Alex; Shapir, Offer Moshe - 2017
The order of actions in contests may generate different psychological effects which, in turn, may influence contestants' probabilities to win. The Prouhet-Thue-Morse sequence in which the first 'n' moves is the exact mirror image of the next 'n' moves should theoretically terminate any advantage...
Persistent link: https://www.econbiz.de/10011704206
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Not so lucky any more : CEO compensation in financially distressed firms
Kang, Qiang (contributor); Mitnik, Oscar A. (contributor) - 2008
There is a debate on whether executive pay reflects rent extraction due to "managerial power" or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10003779098
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Social connections and incentives in the workplace : evidence from personnel data
Bandiera, Oriana (contributor); Barankay, Iwan (contributor) - 2008
We present evidence on the effect of social connections between workers and managers on productivity in the workplace … workers managed. We find that when managers are paid fixed wages, they favor workers to whom they are socially connected …
Persistent link: https://www.econbiz.de/10003793735
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Distributive justice and CEO compensation
Jasso, Guillermina (contributor);  … - 2007
, based on justice theory and making use of Rossi's factorial survey method, enables assessment of ideas of fairness in CEO … attentiveness among MBA students and tolerance for large variability in CEO pay. -- Justice theory ; fairness ; CEO compensation …
Persistent link: https://www.econbiz.de/10003666463
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Principals as agents? : Investigating accountability in the compensation and performance of school principals
Billger, Sherrilyn M. (contributor) - 2007
In this study I examine the relationship between accountability (e.g., state sanctions for poor performance, or the presence of goals required by the district) and public secondary principal pay and school performance. Though such incentives and standards are increasingly common, the existing...
Persistent link: https://www.econbiz.de/10003539237
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Bonus payments and reference point violations
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2010
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We …
Persistent link: https://www.econbiz.de/10003941775