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How substitutable are workers? : evidence from worker deaths
Jäger, Simon; Heining, Jörg - 2022
We estimate how exogenous worker exits affect firms' demand for incumbent workers and new hires. Drawing on administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages and retention probabilities. The average effect masks...
Persistent link: https://www.econbiz.de/10013454899
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Employee stock purchase plans : gift or incentive? ; evidence from a multinational corporation
Bryson, Alex; Freeman, Richard B. - 2014
that places its ESPP at the heart of its employee compensation system, we compare the workplace behaviour of employees who …. Employees have to invest some of their own money by purchasing shares at the discounted rate to accept the gift. A sizeable … the plan, but are no more involved in co-monitoring the performance of fellow employees than non-Plan members. We also …
Persistent link: https://www.econbiz.de/10010414209
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Job search behavior among the employed and non-employed
Faberman, R. Jason; Müller, Andreas; Şahin, Ayşegül; … - 2017
Using a unique new survey, we study the relationship between search effort and outcomes for employed and non-employed workers. We find that the employed fare better than the non-employed in job search: they receive more offers per application and are offered higher pay even after controlling for...
Persistent link: https://www.econbiz.de/10011724557
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Managerial valuation of applicant credentials and personal traits in hiring decisions
Jones, James R.; Co, Catherine Yap; Harter, James K.; … - 2011
of the overall state of the economy, on firm and immediate workplace characteristics, and on managers' personal …
Persistent link: https://www.econbiz.de/10009296312
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Wages, hires, and labor market concentration
Marinescu, Ioana; Ouss, Ivan; Pape, Louis-Daniel - 2020
employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …
Persistent link: https://www.econbiz.de/10012213951
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Search and offshoring in the presence of "animal spirits"
Mitra, Devashish; Ranjan, Priya - 2009
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the same time lead to a higher unemployment rate for...
Persistent link: https://www.econbiz.de/10003831919
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Labor-market exposure as a determinant of attitudes toward immigration
Ortega, Francesc; Polavieja, Javier G. - 2009
This paper re-examines the role of labor-market competition as a determinant of attitudes toward immigration. We claim two main contributions. First, we use more sophisticated measures of the degree of exposure to competition from immigrants than previously done. Specifically, we focus on the...
Persistent link: https://www.econbiz.de/10003906225
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2013
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...
Persistent link: https://www.econbiz.de/10009683022
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Incentives can reduce bias in online reviews
Marinescu, Ioana; Klein, Nadav; Chamberlain, Andrew; … - 2018
Online reviews are a powerful means of propagating the reputations of products, services, and even employers. However … reviews can affect workers' choice of employers, because it changes the ranking of industries by average employee satisfaction …
Persistent link: https://www.econbiz.de/10011803315
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Lost mind, lost job? : unequal effects of corporate downsizings on employees
Böckerman, Petri; Haapanen, Mika; Johansson, Edvard - 2022
We analyze whether employees with diagnosed mental health disorders have a higher probability of being laid off during … corporate downsizing. Our analysis is based on nationwide administrative data on all private sector firms and their employees in … Finland over the period 2005-2017. We focus on firms with at least 20 employees that lay off at least 20% of their total …
Persistent link: https://www.econbiz.de/10013426067