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minority job performance. In the stores studied, cashiers work with different managers on different days and their schedules … are determined quasi-randomly. When minority cashiers, but not majority cashiers, are scheduled to work with managers who … minority workers: while on average minority and majority workers perform equivalently, on days where managers are unbiased …
Persistent link: https://www.econbiz.de/10012980186
learning algorithm. The algorithm uncovers two distinct behavioral types: “leaders” and “managers”. Leaders focus on multi …-function, high-level meetings, while managers focus on one-to-one meetings with core functions. Firms with leader CEOs are on average …
Persistent link: https://www.econbiz.de/10012960702
In this paper, we use a French matched employer-employee survey, the COI survey, conducted in 1997, to describe the general features of organizational change in manufacturing firms with more than 50 employees. In a first section, we explore the methodological issues associated with the building...
Persistent link: https://www.econbiz.de/10013225946
This paper explores new estimates of the number of veterans and the value of veterans' benefits -- both cash benefits and land grants -- from the Revolution to 1900. Benefits, it turns out, varied substantially from war to war. The veterans of the War of 1812, in particular, received a smaller...
Persistent link: https://www.econbiz.de/10012759988
This paper presents new tests of the permanent income hypothesis and other widely used models of household behavior using data from the labor market. We estimate the quot;excess sensitivityquot; of job search behavior to cash-on-hand using sharp discontinuities in eligibility for severance pay...
Persistent link: https://www.econbiz.de/10012760593
Nominal stock prices are arbitrary. Therefore, when evaluating how a piece of news should affect the price of a stock, rational investors should think in percentage rather than dollar terms. However, dollar price changes are ubiquitously reported and discussed. This may both cause and reflect a...
Persistent link: https://www.econbiz.de/10012872301
The most common forms of government-mandated job displacement insurance are Severance Pay (SP; lump-sum payments at layoff) and Unemployment Insurance (UI; periodic payments contingent on nonemployment). While there is a vast literature on UI, SP programs have received much less attention, even...
Persistent link: https://www.econbiz.de/10012872310
We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We show that the difference in the value of the marginal product of an input and its marginal cost at any plant - the plant-input "gap" - is exactly equal to the change in aggregate...
Persistent link: https://www.econbiz.de/10012977130
This paper argues that pensions are used as severance pay devices in an efficient compensation scheme. The major points of the study are: (1) Severance pay, which takes the form of higher pension values for early retirement, is widespread. (2) A major reason for the existence of pensions is the...
Persistent link: https://www.econbiz.de/10012774608
Well-functioning courts are essential for the health of both financial and real economies. Courts function poorly in most lower-income countries, but the root causes of poor performance are not well understood. We use a field experiment with ongoing cases to analyze sources of dysfunction in...
Persistent link: https://www.econbiz.de/10012909901