Showing 1 - 10 of 553
unemployment, called ranking. With the filling of vacancies unaffected by the selection rule, both equilibria have the same … aggregate dynamics, but different distributions of unemployment durations. With the threat point for the Nash bargained wage … being a worker with zero unemployment duration, the wage with ranking is much more sensitive to changes in the tightness of …
Persistent link: https://www.econbiz.de/10012475646
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … identification strategies used, critically assess strengths and weaknesses, discuss connections with theory, and draw out potential …
Persistent link: https://www.econbiz.de/10012456633
standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … do not affect the reemployment wages conditional on the month of unemployment exit, implying reservation wages do not …
Persistent link: https://www.econbiz.de/10012458891
executive officers. However, firms are run by teams of managers, and a theory of the firm should also explain the distribution …
Persistent link: https://www.econbiz.de/10012471450
Over the past few decades, we find that about 80% of the widening residual wage inequality to be within jobs. We propose performance-pay incidence and job relatedness as two primary factors driving within-job inequality and embed them into a sorting equilibrium framework. We show that...
Persistent link: https://www.econbiz.de/10012481585
This paper investigates the individual and joint effects of group incentive pay and problem-solving teams on productivity. To estimate models of adoption of these work practices and models of the effects of the work practices on productivity, we constructed a data set on the operations of 34...
Persistent link: https://www.econbiz.de/10012470418
What happens when a firm switches from paying hourly wages to paying piece rates? The theory developed below predicts … individuals at the firm will rise as well. The theory is tested with data from a large autoglass company that changed compensation … worker-specific increase in productivity is passed on to workers in the form of higher wages …
Persistent link: https://www.econbiz.de/10012473170
This paper provides the first evidence that value-added education accountability schemes induce dynamic distortions. Extending earlier dynamic moral hazard models, I propose a new test for ratchet effects, showing that classroom inputs are distorted less when schools face a shorter horizon over...
Persistent link: https://www.econbiz.de/10012458749
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10012471532
In this paper, we make the general point that econometric studies of the firm can be effectively and substantially enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables measured on the basis of the answers of very few employees...
Persistent link: https://www.econbiz.de/10012471772