Showing 1 - 10 of 240
I demonstrate a simple procedure for creating age-adjusted earnings distribution statistics, using US data and recentered influence function regression methods. As the baby boom generation has moved toward the latter part of their career, earnings distribution statistics for the working age...
Persistent link: https://www.econbiz.de/10011278514
decrease occupational risk fatalities could use this outcome as a benchmark. …
Persistent link: https://www.econbiz.de/10010835947
We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...
Persistent link: https://www.econbiz.de/10011039060
We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...
Persistent link: https://www.econbiz.de/10011199657
This note introduces a generalized version of multi-component decomposition method, which disintegrates a growth rate of an index into the roles of individual components. The method can be applied to two classes of indices: the additive-product form and the product-additive form. The application...
Persistent link: https://www.econbiz.de/10011278556
In this work, we study whether labour and leisure costs reported by informal caregivers must be analysed separately, using two comparable Spanish samples, for the years 1994 and 2004. We do this since informal care introduces an additional time constraint on the individual, which complicates the...
Persistent link: https://www.econbiz.de/10011278656
Using sectorial indices of the Brazilian market, we compare the portfolio optimization approach known as risk parity … portfolio strategy, since portfolio variance is considered as risk measure. Empirical results demonstrate that the risk parity … different estimators of the covariance matrix had little influence on the results obtained through the risk parity approach …
Persistent link: https://www.econbiz.de/10012952118
In contrast to the predictions of conventional economic theory, it is well documented that similar workers receive wages positively correlated with the size of the firm employing them. To explain these findings we augment the Waldman (1984) framework by adding a size variable and construct a...
Persistent link: https://www.econbiz.de/10011278570
Using a large linked employer–employee dataset for Germany with a direct plant-level measure of product market competition and controlling for job-cell fixed effects, we investigate whether relative wages of women benefit from strong competition. We find that the unexplained gender pay...
Persistent link: https://www.econbiz.de/10011278580
Applying unconditional quantile regression to a linked employer-employee dataset from Germany, I show that downward nominal wage rigidity (DNWR) affects workers not only at the lower tail of the wage change distribution but over the entire distribution. The effect of the inflation rate on the...
Persistent link: https://www.econbiz.de/10011278591