Showing 1 - 10 of 476
We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify … document an economically significant correlation of incentive pay with both the level and volatility of bank trading income … share in the capital markets divisions with the strength of incentive pay in unrelated bank divisions like retail banking …
Persistent link: https://www.econbiz.de/10012458200
We use administrative credit registry data from Europe to study the impact of voluntary lender net zero commitments. We …
Persistent link: https://www.econbiz.de/10014544681
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10012938696
In spring 2005, Austria launched a campaign to inform employers and newspapers that gender preferences in job …
Persistent link: https://www.econbiz.de/10012660028
This paper examines the effects of a proportional capital gains tax in an economy with an Austrian sector (with wine and trees) and an ordinary sector. We analyze the effect of capital gains taxation (on both an accrual and a realization basis) on the efficiency with which resources are used...
Persistent link: https://www.econbiz.de/10012478357
The Austrian theory of the "marginal use" is restated and extended. It is found that the Austrian concept of marginal utility (as derived from the marginal use) is not dependent on cardinal utility, and indeed is consistent with "intrinsically ordinal" utility. In this system, diminishing...
Persistent link: https://www.econbiz.de/10012478959
This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...
Persistent link: https://www.econbiz.de/10012479479
We build a model where firm size is a source of labor market power. The key mechanism is that a granular employer can eliminate its own vacancies from a worker's outside option in the wage bargain. Hence, a granular employer does not compete with itself. We show how wages depend on employment...
Persistent link: https://www.econbiz.de/10012480183
Austria that allowed workers in eligible regions to exit the labor force 3 years earlier compared to workers in non …
Persistent link: https://www.econbiz.de/10012480776
large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit …
Persistent link: https://www.econbiz.de/10012480881