Showing 1 - 10 of 68
Profit-maximizing firms should fill job positions at the lowest possible cost. Because employees may have preferences over the attributes of their jobs, we can view this problem as one of finding the optimal way to sell job attributes to potential employees. In this paper, we characterize the...
Persistent link: https://www.econbiz.de/10011928011
We present a model in which firms compete for workers who have a taste for a nonpecuniary job attribute, such as purpose, sustainability, ES/CSR, or working conditions. Firms can invest in flexible production technologies that allow them to create jobs with different levels of the desirable job...
Persistent link: https://www.econbiz.de/10014480682
Employees' wellbeing is important to the firms. Analysis of job satisfaction may give insight into various aspect of labor market behavior, such as worker productivity, absenteeism and job turn over. Little empirical work has been done on the relationship between structure of working environment...
Persistent link: https://www.econbiz.de/10013373858
We study the nature of firm pay dynamics. To this end, we propose a statistical model that extends the seminal framework by Abowd, Kramarz, and Margolis (1999a) to allow for idiosyncratically time-varying firm pay policies. We estimate the model using linked employeremployee data for Sweden from...
Persistent link: https://www.econbiz.de/10013394335
This paper investigates the job satisfaction in relation to managerial attitudes towards employees and firm size using the linked employer-employee survey results in Britain. We first investigate the management-employee relationships and the firm size using maximum likelihood probit estimation....
Persistent link: https://www.econbiz.de/10010500240
Using employer-employee data covering the whole Swedish economy over a uniquely long time period from 1986 to 2002, we examine how job flows and worker flows have been distributed both on an aggregate level and across educational levels. We find that job and worker flows vary by educational...
Persistent link: https://www.econbiz.de/10010317963
We study the derminants of plant closures i Swedish manufacturing using linked employer-employee data. From our theoretical framework we derive and empirically test hypothesis regarding the linkages between the probability of plant failure and: 1) industry-specific characteristics of production...
Persistent link: https://www.econbiz.de/10010321092
We develop a model in which competition in the labor market may produce worker-firm matches that are inferior to those obtained in the absence of competition. This result contrasts with the conventional wisdom that competition among employers allocates scarce talent efficiently. In a model in...
Persistent link: https://www.econbiz.de/10011380985
I develop a method to measure and separate the production misallocation caused by failures in factor markets versus … financial markets. When I apply the method to rice farming villages in Thailand I find surprisingly little misallocation …. Optimal reallocation would increase output in most villages by less than 15 percent. By 2006 most misallocation comes from …
Persistent link: https://www.econbiz.de/10011406336
Using detailed Swedish micro data on prices and costs, this paper documents a decrease in the dispersion of changes in prices and markups following the introduction of an official inflation target of 2 percent. Using a structural model to decompose the change in the price-change distribution by...
Persistent link: https://www.econbiz.de/10012013524