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Base salaries, bonus payments, and work absence among managers in a German company

Pfeifer, Christian - 2012

Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...

Persistent link: https://www.econbiz.de/10009686875

Regulation of morally responsible agents with motivation crowding

Fünfgelt, Joachim; Baumgärtner, Stefan - 2012

taxe rate may increase the market failure due to motivation crowding. Provision of information is efficient only in very … specific cases but may be effective in reducing the extent of market failure. A complementary tax-and-information policy … approach is superior to a tax as single instrument if its aim is to reduce consumption and if provision of information raises …

Persistent link: https://www.econbiz.de/10009541392

Adjustment of deferred compensation schemes, fairness concerns, and hiring of older workers

Pfeifer, Christian - 2009

Hutchens (1986, Journal of Labor Economics 4(4), pp. 439-457) argues that deferred compensation schemes impose fixed-costs to firms and, therefore, they employ older workers but prefer to hire younger workers. This paper shows that deferred compensation can be a recruitment barrier even without...

Persistent link: https://www.econbiz.de/10003918724

Stability under learning of equilibria in financial markets with supply information

Heinemann, Maik - 2009

model á la Grossman and Stiglitz [1980] if traders possess private information regarding the supply of the risky asset. The … learning. -- Recursive Least Squares Learning ; Eductive Stability ; Rational Expectations ; Private Information …

Persistent link: https://www.econbiz.de/10003828717

The role of psychological traits for the gender gap in full-time employment and wages : evidence from Germany

Braakmann, Nils (contributor) - 2009

This paper shows that differences in various non-cognitive traits, specifically the "big fiveʺ, positive and negative reciprocity, locus of control and risk aversion, contribute to gender inequalities in wages and employment. Using the 2004 and 2005 waves of the German Socio-Economic Panel,...

Persistent link: https://www.econbiz.de/10003793421

Are there social returns to both firm-level and regional human capital? : evidence from German social security data

Braakmann, Nils - 2009

This paper provides first evidence on the social returns to education from both firm-level and regional human capital. Using panel data from German social security, both at an individual and aggregated at the plant and regional level, I estimate earnings functions incorporating measures of...

Persistent link: https://www.econbiz.de/10003879691

Effective working hours and wages : the case of downward adjustment via paid absenteeism

Pfeifer, Christian - 2009

with larger than their optimal choice of working hours. A German personnel data set, which contains precise information on …

Persistent link: https://www.econbiz.de/10003918728

Neo-Nazism and discrimination against foreigners : a direct test of taste discrimination

Braakmann, Nils - 2010

I test some predictions of Gary Becker’s theory of taste discrimination regarding discrimination of foreigners by employers, co-workers and customers. I combine a 2% sample of the German working population and a 50% sample of German plants with low-level regional data, including the vote...

Persistent link: https://www.econbiz.de/10003945279

Relative wage positions and quit behavior : new evidence from linked employer-employee data

Pfeifer, Christian; Schneck, Stefan - 2010

We use a large linked employer-employee data set to analyze the importance of relative wage positions in the context of individual quit decisions as an inverse measure of job satisfaction. Our main findings are: (1) Workers with higher relative wage positions within their firms are on average...

Persistent link: https://www.econbiz.de/10003928187

Physical attractiveness, employment and earnings

Pfeifer, Christian - 2011

Survey data is used to estimate the impact of physical attractiveness rated by the interviewer as well as by the respondent on employment probability and labor income of men and women. In addition to mean linear and non-linear effects on earnings, simultaneous quantile regressions are applied to...

Persistent link: https://www.econbiz.de/10008989867