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We study a recent recruitment drive for public sector positions in Mexico. Different salaries were announced randomly … across recruitment sites, and job offers were subsequently randomized. Screening relied on exams designed to measure … the recruitment gap in worse municipalities …
Persistent link: https://www.econbiz.de/10012460505
, employee share ownership, and stock options--and their link to productivity. It shows that shared capitalism has grown in the … productivity, but its impact is largest when firms combine it with other forms of shared capitalist pay and modes of organization …
Persistent link: https://www.econbiz.de/10012464419
This paper examines performance in a tournament setting with different levels of inequality in rewards and different provision of information about individual's skill at the task prior to the tournament. We find that that total tournament output depends on inequality according to an inverse U...
Persistent link: https://www.econbiz.de/10012466074
This paper investigates the effect of entrepreneurs' personal income tax situations on their use of labor. We analyze the income tax returns of a large number of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates...
Persistent link: https://www.econbiz.de/10012471083
productivity of new workers, they may choose to use easily observable characteristics such as years of education to 'statistically … productivity and less dependent on easily observable characteristics or credentials that predict productivity. Consider a wage … productivity and the interaction between experience and a variable that firms can easily observe, such as years of education. We …
Persistent link: https://www.econbiz.de/10012472533
If profit maximizing firms have limited information about the general productivity of new workers, they may choose to … related to productivity and the interaction between experience and a variable that firms can easily observe, such as years of … education. The time path of the coefficient on the unobservable productivity variable provides information about the rate at …
Persistent link: https://www.econbiz.de/10012473426
It has long been recognized in finance and other literature that variance provides option value. The same point carries over to the labor market. Firms like variance in new employees because they can keep the good workers and terminate the bad ones. But market wages must adjust to make the...
Persistent link: https://www.econbiz.de/10012473535
this paper is to review what economic theory suggests affects availability and to analyze the extent to which these factors …
Persistent link: https://www.econbiz.de/10012477877
In this paper we study the role of covenants in franchise contracts that restrict the recruitment and hiring of …
Persistent link: https://www.econbiz.de/10012452890
We study how referral hiring contributes to racial inequality in firm-level labor demand over the firm's life cycle using data from Brazil. We consider a search model where referral networks are segregated, firms are more informed about the match quality of referred candidates, and some...
Persistent link: https://www.econbiz.de/10012629466