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Why Is the Public Sector More Labor-Intensive? : A Distortionary Tax Argument
Poutvaara, Panu; Wagener, Andreas - 2004
Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production...
Persistent link: https://www.econbiz.de/10010262155
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Total reward in the UK in the public and private sectors
Danzer, Alexander M.; Dolton, Peter J. - 2011
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10010278521
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Risk, delegation, and project scope
Roider, Andreas - 2007
exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …
Persistent link: https://www.econbiz.de/10010268503
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The gender wage gap as a function of educational degree choices in an occupationally segregated EU country
Livanos, Ilias; Pouliakas, Konstantinos - 2009
in the type of degree studied can explain an additional 8.4% of the male-female pay gap. Risk-augmented earnings …
Persistent link: https://www.econbiz.de/10010269462
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Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10010276396
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Risk, institutions and growth: Why England and not China?
Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10010278525
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Do Large Employers Pay More in Developing Countries? The Case of Five African Countries
Strobl, Eric; Thornton, Robert - Institute for the Study of Labor (IZA) - 2002
Using comparable data sets for five African countries we estimate, and evaluate possible explanations for, the employer size wage effect across these. Our results indicate, just as has been generally found for other developing and developed nations, that apart from observable worker...
Persistent link: https://www.econbiz.de/10005822588
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The Real Exchange Rate and Growth in Zimbabwe: Does the Currency Regime Matter?
Brixiova, Zuzana; Ncube, Mthuli - Institute for the Study of Labor (IZA) - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment … stimulate exports and growth. Under any currency regime, Zimbabwe needs to adhere to sound macroeconomic policies, avoid …
Persistent link: https://www.econbiz.de/10010891170
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Do Large Employers Pay More in Developing Countries? The Case of Five African Countries
Strobl, Eric; Thornton, Robert - 2003
Using comparable data sets for five African countries we estimate, and evaluate possible explanations for, the employer size wage effect across these. Our results indicate, just as has been generally found for other developing and developed nations, that apart from observable worker...
Persistent link: https://www.econbiz.de/10010262237
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The Real Exchange Rate and Growth in Zimbabwe: Does the Currency Regime Matter?
Brixiova, Zuzana; Ncube, Mthuli - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment … stimulate exports and growth. Under any currency regime, Zimbabwe needs to adhere to sound macroeconomic policies, avoid …
Persistent link: https://www.econbiz.de/10010398293