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Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP). The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort. But...
Persistent link: https://www.econbiz.de/10013045013
We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...
Persistent link: https://www.econbiz.de/10013139059
This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning down. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined...
Persistent link: https://www.econbiz.de/10012960254
and households and the aggregate economy of Germany. We adopt alternative micro-foundations for agglomeration economies … Germany's labor markets, housing rents, and household travel-to-work data, to estimate the population elasticities of urban … benefits and costs. We are the first to establish elasticities for urban costs for Germany, an estimated elasticity of …
Persistent link: https://www.econbiz.de/10014350676
In this paper, we use a novel firm level dataset for Germany to investigate the effect of sanctions on export behaviour …
Persistent link: https://www.econbiz.de/10014356495
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014356760
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence have poorer health once they reach the adulthood. We used data from the German Socio-Economic Panel from 2002 until 2018. Our identification strategy of the causal effect of...
Persistent link: https://www.econbiz.de/10014356976
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10012756895
This article investigates the relationship between individual wages and height using the German Socio-Economic Panel where five hypotheses are tested. Some explanations of a positive link exist and empirical studies confirm this hypothesis. In contrast to previous investigations which are only...
Persistent link: https://www.econbiz.de/10012756948
Using a large linked employer-employee data set for Germany, we find that the existence of a works council is …
Persistent link: https://www.econbiz.de/10012763921