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control person another economist who had a similar career but had not visited. The matching of the control may be viewed as …
Persistent link: https://www.econbiz.de/10010267598
choose careers with low pecuniary returns. Therefore, financial incentives are unlikely to be effective in influencing career … choices of these individuals. Based on Akerlof and Kranton (2000), we consider a model of career choice and identity where … related to identity (career orientation and social orientation), which are important for educational choices. The implication …
Persistent link: https://www.econbiz.de/10010268181
The Peter Principle states that, after a promotion, the observed output of promoted employees tends to fall. Lazear (2004) models this principle as resulting from a regression to the mean of the transitory component of ability. Our experiment reproduces this model in the laboratory by means of...
Persistent link: https://www.econbiz.de/10010277006
and working career in Spain, where changes in female behavior with respect to the labor market have been relatively recent …
Persistent link: https://www.econbiz.de/10010289972
This paper investigates earnings differentials between immigrants and natives. We focus on returns and on the (imperfect) international transferability of human capital. Data are drawn from the 2009 Italian Labour Force Survey (LFS). We show that returns to human capital are considerably lower...
Persistent link: https://www.econbiz.de/10010282538
In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing … firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on … working hours. When effortbased career opportunities are effective, they raise working time and output per worker reducing …
Persistent link: https://www.econbiz.de/10010262198
This paper quantifies the long-run impact of exposure to youth minimum wages and sheds light on its mechanisms. It uses remarkable longitudinal data spanning for twenty years and explores legislative changes that define groups of teenagers exposed for different durations. After controlling for...
Persistent link: https://www.econbiz.de/10010269276
We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...
Persistent link: https://www.econbiz.de/10010261773
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10010268884
often than men; that professionals and managers confront trap-door floors significantly more often than employees in other …
Persistent link: https://www.econbiz.de/10010273740