Showing 1 - 10 of 15
This paper examines the way in which individuals' output changes as they are promoted within an hierarchical organisation. We suggest a decomposition of the change in output which allows us to see that changes in tournament incentive may in fact disguise part of the observed fall in output. We...
Persistent link: https://www.econbiz.de/10010740156
-the-job search, quits are procyclical and layoffs countercyclical. Using the European Community Household Panel (ECHP), we provide …
Persistent link: https://www.econbiz.de/10010594883
The process leading to the setting of the minimum wage so far has been overlooked by economists. There are two common ways of setting national minimum wages: they are either government legislated or the byproduct of collective bargaining agreements, which are extended erga omnes to all workers....
Persistent link: https://www.econbiz.de/10010577407
This paper reports findings on the relative importance of internal versus external factors in the setting of wages of newly hired workers. The evidence, from a rich firm-level survey on wage and price-setting procedures in 15 European Union countries, suggests that external labour market...
Persistent link: https://www.econbiz.de/10010580740
It is a well-known fact that temporary agency workers accept high wage penalties compared to permanent workers. However, remarkably little is known about the wages of workers who regularly take jobs in the temp sector or who do temp work for a substantial period of time. Based on a rich...
Persistent link: https://www.econbiz.de/10011051674
A “constant” wage is pair-wise inefficient in a standard search model when workers endogenously separate from …
Persistent link: https://www.econbiz.de/10011051712
In the 1990s, Spain approved two labor reforms aimed at reducing the unemployment level and its volatility. Overall, these reforms involved two measures designed to induce firms to meet their labor needs via adjustment of permanent positions: restricting the use of temporary workers and reducing...
Persistent link: https://www.econbiz.de/10011051719
We study the joint behavior of hours and wages over the business cycle in a unique panel of 13 European countries, and document significant history dependence in wages. Workers who experience favorable market conditions during their tenure on the job have higher wages, and work fewer labor...
Persistent link: https://www.econbiz.de/10011051721
We contribute new evidence about earnings and labour market volatility in Britain over the period 1992–2008, for women as well as men, and provide transatlantic comparisons (Most research about volatility refers to earnings volatility for US men.). Earnings volatility declined slightly for...
Persistent link: https://www.econbiz.de/10011077484
This paper discusses the interrelations among wealth, reservation wages and search effort. A theoretical job search … model predicts wealth to affect reservation wages positively, and search effort negatively. Subsequently, reduced form … equations for reservation wages and search intensity take these theoretical results to the data. The data used is a Dutch panel …
Persistent link: https://www.econbiz.de/10010906765