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discuss possible effects on labor productivity, wages, and human capital. We also show that the fast-growing dependency ratio …
Persistent link: https://www.econbiz.de/10010262234
Europe’s labor is not competitiveness taking unemployment as the relevant indicator. The paper looks at other indicators such as job creation, productivity and unit labor costs and skills. It analyzes the reasons for the lack of competitiveness including a low degree of wage differentiation,...
Persistent link: https://www.econbiz.de/10010265442
Some have observed that individuals perform worse after being promoted. The Peter Principle, which states that people are promoted to their level of incompetence, suggests that something is fundamentally misaligned in the promotion process. This view is unnecessary and inconsistent with the...
Persistent link: https://www.econbiz.de/10010262717
Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...
Persistent link: https://www.econbiz.de/10010265354
Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, e.g., cooperate when there is no incentive to do so, or punish inefficient actions by others. Organizations also constitute a social boundary, or group. We investigate...
Persistent link: https://www.econbiz.de/10010267455
minimum wages is bargained at the nation-wide sectoral level. We conclude that, even in the presence of the underlying market …
Persistent link: https://www.econbiz.de/10011584608
taste for children. In particular, our results appear to be driven by a declining substitution effect to increasing wages …
Persistent link: https://www.econbiz.de/10011653287
We examine how the gender of a sibling affects earnings, education and family formation. Identification is complicated by parental preferences: if parents prefer certain sex compositions over others, children's gender affects not only the outcomes of other children but also the very existence of...
Persistent link: https://www.econbiz.de/10011307341
We analyze how quits responded to arbitrary differences in own and peer wages using an unusual feature of a pay raise … within 1 cent of each other received new wages that differed by 10 cents. First, we estimate a regression discontinuity (RD …) model based on own wages; we find large causal effects of wages on quits, with quit elasticities less than -10. Next, we …
Persistent link: https://www.econbiz.de/10011307343
We present a meta-analysis of impact estimates from over 200 recent econometric evaluations of active labor market programs from around the world. We classify estimates by program type and participant group, and distinguish between three different post-program time horizons. Using meta-analytic...
Persistent link: https://www.econbiz.de/10011307449