Showing 1 - 10 of 20
part of the difference in the wage spread between firms in the two parts of the country results from lower wages paid by …
Persistent link: https://www.econbiz.de/10010263642
The relationship between CEO pay and performance has been much analyzed in the management and economics literature. This study analyzes the structure of executive compensation in family and non-family firms. In line with predictions of agency theory, it is found that the share of base salary is...
Persistent link: https://www.econbiz.de/10010263730
that data trends for the labor share, wages in effciency units, and labor in effciency units over capital can be matched by …
Persistent link: https://www.econbiz.de/10010281595
We analyze the two goals behind the European Bologna Process of increasing student mobility: enabling graduates to develop multi-cultural skills and increasing the quality of universities. We isolate three effects: 1) a competition effect that raises quality; 2) a free rider effect that lowers...
Persistent link: https://www.econbiz.de/10010263625
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the … quota for top-grade students before allocating all other seats among remaining applicants. The second is a modi ed version … main result is that the current procedure, designed to give top-grade students an advantage, actually harms them, as …
Persistent link: https://www.econbiz.de/10010281521
especially before 1890. We find impressive comovement between the stock market and nominal wages, a sub-series of Hoffmann …
Persistent link: https://www.econbiz.de/10010263613
Let (X1, Y1), . . ., (Xn, Yn) be i.i.d. rvs and let l(x) be the unknown p-quantile regression curve of Y on X. A quantile-smoother ln(x) is a localised, nonlinear estimator of l(x). The strong uniform consistency rate is established under general conditions. In many applications it is necessary...
Persistent link: https://www.econbiz.de/10010274144
East German wages have been below the West German wage level since unification. Moreover, the East-West wage gap … terms of effective wages. This paper looks at the role of establishment-specific factors - such as sectoral affiliation and …
Persistent link: https://www.econbiz.de/10005854707
Empirical studies on the earnings effects of tobacco use have found significant wage penalties attached to smoking. We produce evidence that suggests that these estimates are significantly upward biased. The bias arises from a general failure in the literature to control for the past smoking...
Persistent link: https://www.econbiz.de/10010263669
unemployment, whereas migration patterns and wages were not affected. …
Persistent link: https://www.econbiz.de/10010281485