Showing 1 - 10 of 16
expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …
Persistent link: https://www.econbiz.de/10013016305
How does small-firm employment respond to exogenous labor productivity risk? We find that this depends on the capitalization of firms' local banks. The evidence comes from firms offering (quasi-) fixed employment to workers whose productivity depends on the weather. Weather risk reduces this...
Persistent link: https://www.econbiz.de/10013492288
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10013155540
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10013155704
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search. Workers differ in their productivity, and search takes place along an extensive margin. An additional job seeker affects the quality of unemployed workers. As a result, the Hosios...
Persistent link: https://www.econbiz.de/10013045055
Little is known about the payoffs to apprenticeship training in the German speaking countriesfor the participants. There is a lot of heterogeneity in the types of apprenticeships offered,and there might be an important element of selection in who obtains an apprenticeship, andwhat type. To...
Persistent link: https://www.econbiz.de/10005861563
Two very different approaches are used to explore the relation between market orientationand gender wage differentials … in international data. More market orientation might be relatedto gender wage gaps via its effects on competition in …
Persistent link: https://www.econbiz.de/10005862584
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10013155556
share of females reducing the wage level. These results are compatible with a theory where job promotion is an important … factor of wage increases: if more females are to be mentored, less promotion slots are available for males, but also the …
Persistent link: https://www.econbiz.de/10012773081
endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …
Persistent link: https://www.econbiz.de/10013016323