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unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more …
Persistent link: https://www.econbiz.de/10011333286
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
This paper develops a framework for studying individuals' ideas about what constitutes just compensation for chief executive officers (CEOs) and reports estimates of just CEO pay and the principles guiding ideas of justice. The sample consists of students pursuing a Master of Business...
Persistent link: https://www.econbiz.de/10003666463
How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job …
Persistent link: https://www.econbiz.de/10010529494
This paper is among the firsts to investigate the impact of overeducation and overskilling on workers' wages using a …
Persistent link: https://www.econbiz.de/10013163647
percentage and wages. Using a large panel dataset of individuals drawn from the 1997 National Longitudinal Survey of Youth (NLSY …
Persistent link: https://www.econbiz.de/10012793303
. -- unemployment insurance ; potential benefit duration ; job separation rates ; post-unemployment wages …
Persistent link: https://www.econbiz.de/10003335453
associated with wages and vacancy duration. Using more than 1.5 million job postings administered by the Austrian public … jobs to wage postings. Moreover, I estimate skill associations with starting wages for a subset of vacancies which can be … occupation fixed-effects, there exists a robust association between the number of skill requirements and wages. In particular …
Persistent link: https://www.econbiz.de/10012583545
vacancies. Job flexibility at low wages is more likely to be offered alongside a wage-contract that exposes workers to earnings … risk, while flexibility at higher wages and in more skilled occupations is more likely to be offered alongside a fixed … point increase in the proportion of flexible and non-salaried vacancies at low wages. …
Persistent link: https://www.econbiz.de/10012290719
American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10011411183