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We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two cross sections of matched employer-employee British data. Our theoretical model predicts that increased monitoring leads to a decline in the slope of the wage-tenure profile. Our...
Persistent link: https://www.econbiz.de/10003652687
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10009548201
This paper proposes a basic model with two types of capital: productive capital directly involved in the production process and capital devoted to monitoring workers. Surveillance capital intensifies workers' job strain, while wage recognition encourages their engagement. Firms face a double...
Persistent link: https://www.econbiz.de/10012389019
market. Using aggregate data from Chinese prefectural cities (2000-2016) and individual longitudinal data from China, we find …
Persistent link: https://www.econbiz.de/10011998802
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10003976837
We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance …
Persistent link: https://www.econbiz.de/10014502754
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...
Persistent link: https://www.econbiz.de/10008688992
In this paper we study the effect of different degrees of employment protection on absenteeism, paying attention to differences between workers moving from protected jobs to insecure jobs, on the one hand, and workers moving from insecure to secure jobs, on the other hand. Using a large...
Persistent link: https://www.econbiz.de/10009530676
Presenteeism, i.e. attending work while sick, is widespread and associated with significant costs. Still, economic analyses of this phenomenon are rare. In a theoretical model, we show that presenteeism arises due to differences between workers in (health-related) disutility from workplace...
Persistent link: https://www.econbiz.de/10010513271
This paper uses a linked employer-employee dataset, the National Employment Survey, to examine the determinants of organisational change and employee resistance to change and, specifically, to examine the influence of employee inflexibility on the implementation of firm-level policies aimed at...
Persistent link: https://www.econbiz.de/10010404045