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The paper studies the role of information transparency on fairness concerns, welfare and efficiency. When the firm's productivity and ultimately profits are revealed, wage offers induce relatively fair divisions of potential gains and workers respond with higher performance. Workers respond not...
Persistent link: https://www.econbiz.de/10010334250
The role of school principals largely resembles that of corporate managers and the leadership they provide is often viewed as a crucial component for educational success. We estimate the impact of individual principals on various schooling outcomes, by constructing a principal-school panel data...
Persistent link: https://www.econbiz.de/10010321112
New information and communication technologies, we argue, have been 'power-biased': they have allowed firms to monitor low-skill workers more closely, thus reducing the power of these workers. An efficiency wage model shows that 'power-biased technical change' in this sense may generate rising...
Persistent link: https://www.econbiz.de/10010457012
We consider the links between information and communications technologies (ICTs) and the distribution of income, as mediated by problems of coordination and control within organizations. In the large corporations of the mid-twentieth century, a highly developed division of labor was coordinated...
Persistent link: https://www.econbiz.de/10010287798
New information and communication technologies, we argue, have been 'power-biased': in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that 'power-biased technical change' in this sense may generate...
Persistent link: https://www.econbiz.de/10010287860
As the COVID-19 pandemic wreaked havoc along Global Value Systems (GVSs) and India's domestic economic crisis deepened, the already struggling Indian Automotive sector incurred huge losses owing to both demand and supply side factors. In fact, the sector has been under significant strain over...
Persistent link: https://www.econbiz.de/10014309930
employment to a technology shock. The results of the estimation support the hypothesis that labor market frictions are … responsible for the negative response of employment. …
Persistent link: https://www.econbiz.de/10010292305
associated with it In particular we distinguish between employment hours and effort per worker and allow for adjustment costs … associated with employment changes We assume that the requirement function for effective hours has a general trans …-logarithmic form and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10010293442
depicted and its effects on formal and informal labour markets. The most important challenges for employment policy as well as …
Persistent link: https://www.econbiz.de/10010294504
Persistent link: https://www.econbiz.de/10010294577