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Workforce Reorganization and the Worker
Kriechel, Ben; Pfann, Gerard A. - 2021
In this paper we study the joint decision process of changing the structure of jobs and laying off individual workers in a firm that downsizes its workforce. A hierarchical decision model is proposed and estimated using personnel data from a firm in demise comparing the characteristics of the...
Persistent link: https://www.econbiz.de/10013316002
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Firms and Early Retirement : Offers that One Does Not Refuse
Bellmann, Lutz - 2007
with their employees that include clauses about early retirement. In response to demand or technological shocks, workers … receive retirement offers from their employers which cannot be rejected by rational actors. Using the IAB Establishment Panel …
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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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 …
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
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Are Older Workers Worthy of Their Pay? An Empirical Investigation of Age-Productivity and Age-Wage Nexuses
Cardoso, Ana Rute - 2010
Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age-productivity profiles and find that productivity increases until the age range of 50-54, whereas wages peak around the age 40-44. At younger ages, wages increase in line with productivity gains...
Persistent link: https://www.econbiz.de/10013139052
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Temporary Contracts and Monopsony Power in the UK Labour Market
Tabasso, Domenico - 2011
This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the labour market is directly questioned and a model is developed in which the labour market is...
Persistent link: https://www.econbiz.de/10013121764
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Health Impaired Employees' Job Satisfaction : New Evidence from Athens, Greece
Drydakis, Nick - 2011
heath-impaired employees. Health impaired employees are found to be less satisfied according to all job satisfaction … show that health impaired employees' job satisfaction is affected more than healthy employees' job satisfaction by adverse … mental health symptoms (life dissatisfaction). Finally, health impaired employees are found to become more satisfied with …
Persistent link: https://www.econbiz.de/10013122122