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We assemble two reference point based concepts of utility in our empirical study: the own previous status quo and social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts of the compensation package of managers. Making use of a...
Persistent link: https://www.econbiz.de/10010291337
This paper studies how changes in the complexity of the firms' production technologies affect wage differences between and within tasks. In a production process where tasks are complementary, the employer may have an incentive to pay higher wages when using more complex technologies because the...
Persistent link: https://www.econbiz.de/10010261823
This paper examines the effects of performance pay on earnings using linked employee-employer panel data from Finland. These payroll data contain information on the exact share of earnings obtained and hours worked on a performance pay contract. Using these data, we estimate the effects of...
Persistent link: https://www.econbiz.de/10010269236
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of the choice between self-employment and paid employment he shows that having a background in a large number of different roles increases the probability of becoming an...
Persistent link: https://www.econbiz.de/10010261621
for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for …
Persistent link: https://www.econbiz.de/10010261655
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The empirical estimation takes the rare events nature of...
Persistent link: https://www.econbiz.de/10010261762
tracking. We calibrate the model for Germany and study how relative demand shifts toward more general skills and changes in the …
Persistent link: https://www.econbiz.de/10010261767
We analyze the effects of regional structures on both females? willingness to work and the probability of being employed for those willing to work. Special permission was granted to link regional data to individual respondents in the German Socio-Economic Panel (GSOEP). Results of a bivariate...
Persistent link: https://www.econbiz.de/10010261801
Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...
Persistent link: https://www.econbiz.de/10010261862
Die Lockerung des Kündigungsschutzes ist ein wesentliches Element der im Januar 2004 in Deutschland in Kraft gesetzten …A key feature of the recent labor market reforms in Germany is liberalization of dismissal protection legislation. The …
Persistent link: https://www.econbiz.de/10010261863