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How Substitutable Are Workers? Evidence from Worker Deaths
Jäger, Simon; Heining, Jörg - National Bureau of Economic Research - 2022
We estimate how exogenous worker exits affect firms' demand for incumbent workers and new hires. Drawing on administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages and retention probabilities. The average effect masks...
Persistent link: https://www.econbiz.de/10013462678
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What Do Employee Referral Programs Do?
Friebel, Guido - 2019
Employee referral programs (ERPs) are randomly introduced in a grocery chain. Larger referral bonuses increase referrals and decrease referral quality, though the increase in referrals from having an ERP is modest. However, the overall effect of having an ERP is substantial, reducing attrition...
Persistent link: https://www.econbiz.de/10012479870
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Wages, Hires, and Labor Market Concentration
Marinescu, Ioana - 2020
How does employer market power affect workers? We compute the concentration of new hires by occupation and commuting zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we find that a 10% increase in labor market concentration...
Persistent link: https://www.econbiz.de/10012482303
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Worker replacement
Menzio, Guido - 2010
Consider a labor market in which firms want to insure existing employees against income fluctuations and, simultaneously, want to recruit new employees to fill vacant jobs. Firms can commit to a wage policy, i.e. a policy that specifies the wage paid to their employees as a function of tenure,...
Persistent link: https://www.econbiz.de/10012462670
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Personnel Economics : Hiring and Incentives
Oyer, Paul - 2010
We survey the Personnel Economics literature, focusing on how firms establish, maintain, and end employment relationships and on how firms provide incentives to employees. This literature has been very successful in generating models and empirical work about incentive systems. Some of the...
Persistent link: https://www.econbiz.de/10012462675
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Flexible Staffing Arrangements and Employers' Short-Term Adjustment Strategies
Abraham, Katharine G. - 1988
This paper reports new evidence from a survey of over 408 U.S. employers concerning their use of temporary and on-call workers. More than 90 percent of responding organizations reported reliance on these flexible staffing arrangements. They accounted for an average of 1.5 percent of total labor...
Persistent link: https://www.econbiz.de/10012476429
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The Big Three and Board Gender Diversity : The Effectiveness of Shareholder Voice
Gormley, Todd A.; Gupta, Vishal K.; Matsa, David A.; … - National Bureau of Economic Research - 2022
In 2017, "The Big Three" institutional investors launched campaigns to increase gender diversity on corporate boards. We estimate that their campaigns led American corporations to add at least 2.5 times as many female directors in 2019 as they had in 2016. Firms increased diversity by...
Persistent link: https://www.econbiz.de/10013462705
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Inefficient Labor Market Sorting
Eckel, Carsten; Yeaple, Stephen R. - National Bureau of Economic Research - 2024
A growing empirical literature attributes much of the productivity advantages of large, "superstar" firms to their adoption of best practice management techniques that allow them to better identify and use talented workers. The reasons for the incomplete adoption of these "structured management...
Persistent link: https://www.econbiz.de/10015056121
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Capital Structure and a Firm’s Workforce
Matsa, David A. - 2018
firm's workforce on its capital structure. For instance, high leverage often makes managing labor more difficult by … undermining employees' job security and increasing the need for costly workforce reductions. But firms can also use leverage to … needs and management of their workforce when making financing decisions …
Persistent link: https://www.econbiz.de/10012480777
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Robots and Labor in the Service Sector : Evidence from Nursing Homes
Eggleston, Karen - National Bureau of Economic Research - 2021
In one of the first studies of service sector robotics using establishment-level data, we study the impact of robots on staffing in Japanese nursing homes, using geographic variation in robot subsidies as an instrumental variable. We find that robot adoption increases employment by augmenting...
Persistent link: https://www.econbiz.de/10012482540