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The Rise of Domestic Outsourcing and the Evolution of the German Wage Structure
Goldschmidt, Deborah - 2015
to contracting firms. For this end we develop a new method for identifying outsourcing of food, cleaning, security and … growth of domestic outsourcing in Germany since the early 1990s. Event-study analyses show that wages in outsourced jobs fall … with outsourcing stem from a loss of firm-specific rents, suggesting that labor cost savings are an important reason why …
Persistent link: https://www.econbiz.de/10013016302
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Firms and Early Retirement : Offers that One Does Not Refuse
Bellmann, Lutz - 2007
According to the Hutchens (1999) model, early retirement is not explained as a result of maximizing expected individual utility but rather as a demand-side phenomenon arising from a firm's profit-maximizing behaviour. Firms enter into contracts with their employees that include clauses about...
Persistent link: https://www.econbiz.de/10012776384
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The Bonding Effect of Deferred Compensation : Worker Separations from a Large Firm in Early Transition Russia
Ananyev, Mikhail - 2020
Deferred payments, as implicit contracts, are predicted to bind workers to firms as long as workers believe that firms adhere to these implicit contracts. We employ a unique personnel data set from a Russian manufacturing firm to investigate whether wage arrears, delayed payments of wages,...
Persistent link: https://www.econbiz.de/10012831219
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Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment : Thirty Years on
MacLeod, W. Bentley; Malcomson, James M. - 2023
"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...
Persistent link: https://www.econbiz.de/10014254947
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Implicit Contracts, Unemployment, and Labor Market Segmentation
Altmann, Steffen - 2010
We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor market where trading parties can form long-term employment relationships, we compare a work environment where effort is observable, but not verifiable to a situation where explicit...
Persistent link: https://www.econbiz.de/10013141722
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Drug Decriminalization and the Price of Illicit Drugs
Félix, Sónia - 2015
This study is an empirical assessment of the impact of the drug decriminalization policy followed by Portugal in July, 2001. We investigate especially the impact of the policy change on the price of illicit drugs. The analysis is performed using a difference-in-differences approach and a...
Persistent link: https://www.econbiz.de/10013027751
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Testing the Importance of Search Frictions, Matching, and Reservation Prestige Through Randomized Experiments in Jordan
Groh, Matthew - 2014
Unemployment rates for tertiary-educated youth in Jordan are high, as is the duration of unemployment. Two randomized experiments in Jordan were used to test different theories that may explain this phenomenon. The first experiment tests the role of search and matching frictions by providing...
Persistent link: https://www.econbiz.de/10013045842
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Psychological Momentum and Gender
Cohen-Zada, Danny - 2016
We exploit a natural experiment in which two professionals compete in a one-stage contest without strategic motives and where one contestant has a clear exogenous psychological momentum advantage over the other in order to estimate the causal effect of psychological momentum on performance. We...
Persistent link: https://www.econbiz.de/10012995590
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Wage Premia for Newly Hired Employees : Theory and Evidence
Kampkötter, Patrick - 2011
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10013129084
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Occupational Status and Health Transitions
Ribar, David - 2011
We use longitudinal data from the 1984 through 2007 waves of the Panel Study of Income Dynamics to examine how occupational status is related to the health transitions of 30 to 59 year-old U.S. males. A recent history of blue-collar employment predicts a substantial increase in the probability...
Persistent link: https://www.econbiz.de/10013129939