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, labor and "managers", each with a distribution of ability levels. Production combines a manager of some type with a group of …
Persistent link: https://www.econbiz.de/10013074651
This study empirically investigates the value employees place on stock options using information from the option … exercise behavior of individuals. Employees hold options for another period if the value from holding them and reserving the … information about the value to employees of holding options another time period. We show the parameters of this model are …
Persistent link: https://www.econbiz.de/10012761772
general features of organizational change in manufacturing firms with more than 50 employees. In a first section, we explore …
Persistent link: https://www.econbiz.de/10013225946
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to …
Persistent link: https://www.econbiz.de/10012830234
Firms in the same industry can differ in measured productivity by multiples of 3. Griliches (1957) suggests one explanation: the quality of inputs differs across firms. We add labor market history variables such as experience and firm and industry tenure, as well as general human capital...
Persistent link: https://www.econbiz.de/10013128897
We use longitudinal data from the 1984 through 2007 waves of the Panel Study of Income Dynamics to examine how occupational status is related to the health transitions of 30 to 59 year-old U.S. males. A recent history of blue-collar employment predicts a substantial increase in the probability...
Persistent link: https://www.econbiz.de/10013129211
This paper uses data from the Health and Retirement Study to explore the mechanism that underlies the robust relation found in the literature between cognitive ability, and in particular numeracy, and wealth, income constant. We have a number of findings. First, the more valuable the pension,...
Persistent link: https://www.econbiz.de/10013136556
retirement benefit to their employees. While these plans are thought to be an important tool for employers to attract, retain …
Persistent link: https://www.econbiz.de/10013137301
Neglected, but significant, the long-run consequence of the minimum wage - which was made national policy in the United States in 1938 - is its stimulation of capital deepening. This took two forms. First, the engineered shortage of low-skill, low-paying jobs induced teenagers to invest in...
Persistent link: https://www.econbiz.de/10013138315
This paper investigates the impact of unskilled workers' earnings on crime. Following the literature on wage inequality and skill-biased technological change, we employ CPS data to create state-year as well as state-year-and (broad) industry specific measures of skill-biased technological...
Persistent link: https://www.econbiz.de/10013118247