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Are voluntary agreements better? : evidence from baseball arbitration
Budd, John W.; Sojourner, Aaron J.; Jung, Jaewoo - 2014
This paper empirically examines the widespread belief that voluntarily negotiated agreements produce better long-run relationships than third-party imposed settlements, such as arbitrator decisions or court judgments. Two key outcomes are analyzed - subsequent player performance and the...
Persistent link: https://www.econbiz.de/10010342436
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Does it matter how and how much politicians are paid?
Altindag, Duha Tore; Filiz, S. Elif; Tekin, Erdal - 2017
MP salaries. The law change in 2012 significantly increased the pension bonus by pegging it to 18 percent of the salary … salaries caused by the new law in a difference-in-differences framework, we find that the salary increase had a negative impact … a standard deviation as a result of the increase in salary caused by the new law. This finding is robust to numerous …
Persistent link: https://www.econbiz.de/10011709824
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How disasters affect local labor markets : the effects of hurricanes in Florida
Belasen, Ariel R. (contributor);  … - 2007
Exogenous shocks often impact a local labor market more than at the national level. This study improves upon the standard Difference in Difference (DD) approach by examining exogenous shocks using a Generalized Difference in Difference (GDD) econometric approach that identifies the effects of...
Persistent link: https://www.econbiz.de/10003635285
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The economic returns to a second official language : English in Quebec and French in the Rest-of-Canada
Christofidēs, Loizos N. (contributor);  … - 2008
Canada is a country with two official languages, French and English. The need for both languages in Quebec and the Rest-of-Canada (ROC) generates a demand for bilingualism and investment in the acquisition of a second official language. Knowledge of an additional language may be associated with...
Persistent link: https://www.econbiz.de/10003729409
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The economics of language : an introduction and overview
Chiswick, Barry R. (contributor) - 2008
This paper provides an introduction and overview of my research on the Economics of Language. The approach is that language skills among immigrants and native-born linguistic minorities are a form of human capital. There are costs and benefits associated with this characteristic embodied in the...
Persistent link: https://www.econbiz.de/10003729415
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Management compensation and firm-level income inequality
Frederiksen, Anders (contributor);  … - 2008
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10003754931
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Trade, wages, and productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10003755333
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Employment and wage effects of privatization : evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David (contributor); Earle, John S. (contributor);  … - 2008
We use longitudinal methods and universal panel data on 30,000 initially state-owned manufacturing firms in four transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries consistently reject job losses and they never imply large wage...
Persistent link: https://www.econbiz.de/10003755531
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Do labour market institutions matter? : Micro-level wage effects of international outsourcing in three European countries
Geishecker, Ingo (contributor); Görg, Holger (contributor);  … - 2007
This paper studies the impact of outsourcing on individual wages in three European countries with markedly different labour market institutions: Germany, the UK and Denmark. To do so we use individual level data sets for the three countries and construct comparable measures of outsourcing at the...
Persistent link: https://www.econbiz.de/10003646689
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Returns to tenure of seniority?
Buhai, Sebastian; Portela, Miguel; Teulings, Coen N.; … - 2008
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker's tenure relative to the tenure of her colleagues). We seek...
Persistent link: https://www.econbiz.de/10003652677