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We assess the hypothesis that declining intergenerational economic mobility in Norway is attributable to a rising signaling value of education accompanied by more overeducation particularly among upperclass offspring. We identify five empirical facts that together point in this direction: •...
Persistent link: https://www.econbiz.de/10014487020
-stereotyping in a large cross section of (about 2,970) managers at different job levels in (1,875) Danish private-sector firms. The … survey data used contain detailed information about the managers as well as their employers. We find significant gender … differences between managers with regard to gender stereotyping attitudes. Male managers on average tend to have stronger gender …
Persistent link: https://www.econbiz.de/10011715918
convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10003778476
We examine whether a company's corporate reputation gained from their CSR activities and a company leader's reputation, one that is unrelated to his or her business acumen, can impact economic action fairness appraisals. We provide experimental evidence that good corporate reputation causally...
Persistent link: https://www.econbiz.de/10013187856
This paper investigates differences in worker turnover characteristics between periods of workforce expansion and contraction in a firm. We derive a Cox proportional hazard model from a simple model of job separation based on the expected surpluses from the firm and its workers. We account for...
Persistent link: https://www.econbiz.de/10011339097
Persistent link: https://www.econbiz.de/10001784382
This paper tackles some issues in personnel economics using the career profiles of British naval officers during the late 19th and early 20th centuries. We ask how promotions, payouts, positions, and peers affect worker retention. Random variation in task assignments and job promotions allows us...
Persistent link: https://www.econbiz.de/10012418482
Using linked employer-employee data for Finland we examine associations between job design and ten measures of worker wellbeing. In accordance with Karasek's (1979) model we find positive correlations between many aspects of worker wellbeing and job control. However, contrary to the model, job...
Persistent link: https://www.econbiz.de/10011607233
We analyze the effect of CEO pay disclosure on wage distribution by exploiting a 1998 reform requiring Italian publicly …
Persistent link: https://www.econbiz.de/10015050833
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