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Several empirical studies have challenged tournament theory by pointing out that (1) there is considerable pay … recruitment is observable on nearly any hierarchy level. We explain these empirical puzzles by combining job-promotion tournaments … recruitment ; job promotion ; limited liability ; tournaments …
Persistent link: https://www.econbiz.de/10003755972
We evaluate the effects of employer-provided formal training on employee suggestions for productivity improvements and on promotions among male blue-collar workers. More than twenty years of personnel data of four entry cohorts in a German company allow us to address issues such as unobserved...
Persistent link: https://www.econbiz.de/10009259480
We investigate whether competitive selection processes generate gender inequality in the context of a prestigious graduate fellowship program. All applications are scored remotely by expert reviewers and the highest ranked are invited to an in-person interview. The data show a very large gender...
Persistent link: https://www.econbiz.de/10012060719
administrative data set from Germany and statistical matching techniques. Our treatment groups consist of unemployed persons taking …
Persistent link: https://www.econbiz.de/10003950725
Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment of our laboratory experiment is a two-stage tournament...
Persistent link: https://www.econbiz.de/10003777950
Persistent link: https://www.econbiz.de/10001799667
Government policies are encouraging older workers to delay retirement, which may curb younger workers' career advancement. We study a Dutch reform that raised the retirement age by 13 months and nearly tripled employment at age 66. Using monthly linked employer-employee data, we show that...
Persistent link: https://www.econbiz.de/10014250637
This study investigates the role of on-the-job training in the employment outcomes of less educated men in their late careers. Using survey data from the German National Education Panel Study adult cohort, I estimate a structural dynamic discrete-choice model reflecting the trade-offs of the...
Persistent link: https://www.econbiz.de/10013499565
"In designing a production model for firms that generate multiple outputs, we take as a starting point that such multi-output production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost...
Persistent link: https://www.econbiz.de/10003375231
This paper analyzes the structure of hiring costs of skilled workers in Germany. Using detailed and representative firm …-level data on recruitment and adaptation costs of new hires, we find that average hiring costs amount to more than 8 weeks of …
Persistent link: https://www.econbiz.de/10010195954