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In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send 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...
Persistent link: https://www.econbiz.de/10011296070
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10003800929
job levels and human capital as wage determinants, the dispersion of wages within job levels, the importance of tenure in … levels and a tight relationship between human capital variables and wages. …
Persistent link: https://www.econbiz.de/10011571904
This study examines how career interruptions and subsequent wages of employees are related. Using individual panel data …
Persistent link: https://www.econbiz.de/10011641615
can either be paid or unpaid. This research considers overtime working in Germany and the UK and shows that the …
Persistent link: https://www.econbiz.de/10011325986
In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees' labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data....
Persistent link: https://www.econbiz.de/10009777026
wages and rising wage dispersion over time. …
Persistent link: https://www.econbiz.de/10009792971
controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … eliminate this bias. Estimates from two large panel datasets from Portugal and Germany show that the bias is empirically …
Persistent link: https://www.econbiz.de/10011455790
; insider econometrics ; wages …
Persistent link: https://www.econbiz.de/10009681440
Using data on executive compensation for the German chemical industry, we investigate the relevance of two theoretical approaches that focus on bonuses as part of a long term wage policy of a firm. The first approach argues that explicit bonuses serve as substitutes for implicit career concerns....
Persistent link: https://www.econbiz.de/10009155574