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Worker Reciprocity and Employer Investment in Training
Leuven, Edwin; Oosterbeek, Hessel; Sloof, Randolph; van … - 2002
Standard economic theory predicts that firms will not invest in general training and will underinvest in specific … training. Empirical evidence, however, indicates that firms do invest in general training of their workers. Evidence from … laboratory experiments points to less underinvestment in specific training than theory predicts. We propose a simple model in …
Persistent link: https://www.econbiz.de/10010324838
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Returns to Tenure or Seniority?
Buhai, Sebastian; Portela, Miguel; Teulings, Coen N.; … - 2008
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker’s tenure relative to the tenure of her colleagues). We...
Persistent link: https://www.econbiz.de/10010325923
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Dual Track or Academic Route for Auditors
Jonker, Nicole; van Ophem, Hans; Hartog, Joop - 2002
studying or in a full-time educational track. The former training is relatively firm-specific whereas the latter training is …
Persistent link: https://www.econbiz.de/10010324997
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The inefficient advantage of experience in the market for football managers
Peeters, Thomas; Szymanski, Stefan; Terviö, Marko - 2017
We study hiring in a labor market where worker ability can only be observed on-the-job, but quickly becomes public information after labor market entry. We show that firms in these markets have a socially inefficient incentive to hire low talented, experienced workers instead of more promising...
Persistent link: https://www.econbiz.de/10011819509
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International Assortative Matching in the European Labor Market
Peeters, Thomas; van Ours, Jan C. - 2022
We investigate whether national borders within Europe hinder the assortative matching of workers to firms in a high skilled labor market. We characterize worker productivity as the ability to contribute to physical output and define firm productivity as the capacity to transform physical output...
Persistent link: https://www.econbiz.de/10013356513
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Do firms or workers drive the foreign acquisition wage premium?
Rösch, Marcus; Gerritse, Michiel; Karreman, Bas; van … - 2022
We decompose the wage premium after foreign acquisitions of Dutch domestic firms into the con- stituent firm- and worker-level premia. Firm-level premia grow up to 3.5%, accounting for the major- ity of the acquisition premium. Worker-level premia by contrast, grow up to 1% and only materialize...
Persistent link: https://www.econbiz.de/10013356470
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Tax Liability Side Equivalence in Gift-Exchange Labor Markets
Riedl, Arno; Tyran, Jean-Robert - 2003
Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...
Persistent link: https://www.econbiz.de/10010324733
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Equilibrium Directed Search with Multiple Applications
Albrecht, James; Gautier, Pieter; Vroman, Susan - 2003
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10010324801
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Transport-Related Fringe Benefits
van Ommeren, Jos; van der Vlist, Arno; Nijkamp, Peter - 2002
Fringe benefits of various kinds have become an essential element of modern labour market mechanisms. Firms offer transport-related fringe benefits such as transport subsidies (company cars, travel and parking subsidies) and relocation subsidies to job applicants. The spatial implications of...
Persistent link: https://www.econbiz.de/10010324939
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Matching with Multiple Applications
Albrecht, James W.; Gautier, Pieter A.; Vroman, Susan B. - 2001
We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function. We emphasize a coordination failure caused by multiple applications, namely, that firms can waste resources processing applicants who are ultimately hired elsewhere.
Persistent link: https://www.econbiz.de/10010324993