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Labour Mobility - An Adjustment Mechanism in Euroland?
Puhani, Patrick A. - 1999
The purpose of this paper is to evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. To this end, we estimate the elasticity of migration with respect to changes in unemployment and income on the basis of regional...
Persistent link: https://www.econbiz.de/10010262267
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Are Home Owners Really More Unemployed?
Munch, Jakob Roland; Rosholm, Michael; Svarer, Michael - 2003
This paper investigates the effects of home-ownership on labour mobility and unemployment duration. We distinguish between finding employment locally or by being geographically mobile. We find that home ownership hampers the propensity to move for job reasons but improves the chances of finding...
Persistent link: https://www.econbiz.de/10010261596
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Not so lucky any more: CEO compensation in financially distressed firms
Kang, Qiang; Mitnik, Oscar A. - 2008
There is a debate on whether executive pay reflects rent extraction due to managerial power or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10010269077
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Managerial talent, motivation, and self-selection into public management
Delfgaauw, Josse; Dur, Robert - 2010
brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …
Persistent link: https://www.econbiz.de/10010269669
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Firm performance and managerial turnover: the case of Ukraine
Muravyev, Alexander; Talavera, Oleksandr; Bilyk, Olga; … - 2009
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …
Persistent link: https://www.econbiz.de/10010271280
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CEO turnover, firm performance and enterprise reform in China: evidence from new micro data
Kato, Takao; Long, Cheryl - 2006
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...
Persistent link: https://www.econbiz.de/10010274393
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Spillovers from foreign firms through worker mobility: an empirical investigation
Görg, Holger; Strobl, Eric - 2002
While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this literature treats the channels through which these spillover effects work as a black box. This paper attempts to fill this gap in the literature. Our results suggest that firms which...
Persistent link: https://www.econbiz.de/10010265549
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Paying more to hire the best? Foreign firms, wages and worker mobility
Martins, Pedro Silva - 2008
In the context of the debate on the labour-market consequences of globalisation, we examine worker mobility in order to identify the wage differences between foreign and domestic firms. Using matched employer-employee panel data for Portugal, we consider virtually all spells of interfirm...
Persistent link: https://www.econbiz.de/10010275828
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Race, Performance, Pay and Retention among National Basketball Association Head Coaches
Kahn, Lawrence M. - 2004
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
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Unions and the Labor Market for Managers
Pischke, Jörn-Steffen; Hallock, Kevin F.; DiNardo, John - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364