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What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one … occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker-occupation … based on the discrepancy between the portfolio of skills required by an occupation and the portfolio of abilities possessed …
Persistent link: https://www.econbiz.de/10013019128
This study uses a 10-year longitudinal database on U.S. manufacturing establishments to analyze the dynamics of the adoption and termination of employee involvement programs (EI). We show that firms' use of EI has not grown continuously, but rather introduce and terminate EI policies in ways...
Persistent link: https://www.econbiz.de/10012760407
We argue that earnings management and fraudulent accounting have important economic consequences. In a model where the costs of earnings management are endogenous, we show that in equilibrium, bad managers hire and invest too much in order to pool with the good managers. This behavior distorts...
Persistent link: https://www.econbiz.de/10012762395
The employment rate for workers 55 and over has been increasing across the world for the last decade. This creates opportunities for employers to diversify their workforce and retain valuable knowledge and skills, while at the same time posing the challenge of rising labor costs and blocked...
Persistent link: https://www.econbiz.de/10012857669
In most organizations, promotions often require self-nomination and competition among applicants. However, research on gender differences in preferences for competition suggests that this process might result in fewer women choosing to participate. We study whether changing promotion schemes...
Persistent link: https://www.econbiz.de/10012858806
Most turnover reflects churn, where hires replace departures. Churn varies substantially by employer, industry and worker characteristics. For example, leisure and hospitality turnover is more than double that of manufacturing. In the LEHD (QWI) data, permanent employer differences account for...
Persistent link: https://www.econbiz.de/10012913779
workers among firms and industries contribute to the diffusion of that knowledge? Here we measure the industry, occupation … work experience in the same location, but not with past experience in a related occupation. We compare these results with …
Persistent link: https://www.econbiz.de/10012913787
We model personnel policies in public agencies, examining how wages and promotion standards can partially offset a fundamental contracting problem: the inability of public sector workers to contract on performance, and the inability of political masters to contract on forbearance from meddling....
Persistent link: https://www.econbiz.de/10012976978
Personnel economics drills deeply into the firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how quot;compressedquot; should pay be within firms? Should...
Persistent link: https://www.econbiz.de/10012773211
How much do a manager's interpersonal skills with subordinates, which we call people management skills, affect employee outcomes? Are managers rewarded for having such skills? Using personnel data from a large, high-tech firm, we show that survey-measured people management skills have a strong...
Persistent link: https://www.econbiz.de/10012899917