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When protection becomes exploitation : the impact of firing costs on present-biased employees

Englmaier, Florian; Fahn, Matthias; Glogowsky, Ulrich; … - 2023

Employment protection harms early-career employees without benefitting them in later career stages (Leonardi and Pica, 2013). We demonstrate that this pattern can result from employers exploiting na¨ıve present-biased employees. Employers offer a dynamic contract with low early-career wages,...

Persistent link: https://www.econbiz.de/10014512416

Who is on the rise in Austria : wage mobility and mobility risk

Raferzeder, Thomas; Winter-Ebmer, Rudolf - 2004

In this paper we investigate earnings mobility in Austria from the angle of individual persons: earnings mobility over time has two aspects: positional changes and the volatility of earnings over time. Whereas the further is a positive outcome, more volatility as such can be seen as negative. We...

Persistent link: https://www.econbiz.de/10009748291

The effects of competition and equal treatment laws on the gender wage differential

Weichselbaumer, Doris; Winter-Ebmer, Rudolf - 2003

This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since Becker (1957) economists have argued that competitive markets eliminate discrimination in the long run. On the other hand, practically all countries have enacted some sort of law...

Persistent link: https://www.econbiz.de/10009749608

A meta-analysis of the international gender wage gap

Weichselbaumer, Doris; Winter-Ebmer, Rudolf - 2003

Since the early seventies, hundreds of authors have calculated gender wage differentials between women and men of equal productivity. Consequently, estimates for the gender wage gap have been published for the most diverse countries at different points in time. This metastudy provides a...

Persistent link: https://www.econbiz.de/10009749611

Smoking, discount rates, and returns to education

Fersterer, Josef; Winter-Ebmer, Rudolf - 2000

Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...

Persistent link: https://www.econbiz.de/10009750843

The effect of income on mortality : new evidence for the absence of a causal link

Ahammer, Alexander; Horvath, Gerard Thomas; … - 2015

We analyze the effect of income on mortality in Austria using administrative social security data. To tackle potential endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments for actual wages. While we do find...

Persistent link: https://www.econbiz.de/10011296974

Seniority wages and the role of firms in retirement

Frimmel, Wolfgang; Horvath, Gerard Thomas; … - 2015

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...

Persistent link: https://www.econbiz.de/10011296975

Mandatory wage posting, bargaining and the gender wage gap

Frimmel, Wolfgang; Schmidpeter, Bernhard; Wiesinger, Rene; … - 2022

We evaluate whether revealing wage information in job vacancies is able to change the gender wage gap. In 2011, the … Austrian Equal Treatment Law mandated every vacancy to include a minimum wage offer. This mandatory wage information makes the …. Our general results show a small effect of the provision of wage information, reducing the gender gap somewhat. Taking up …

Persistent link: https://www.econbiz.de/10013187428

Market orientation and gender wage gaps : an international study

Weichselbaumer, Doris; Winter-Ebmer, Rudolf; … - 2007

Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...

Persistent link: https://www.econbiz.de/10009741054

Returns to apprenticeship training in Austria : evidence from failed firms

Fersterer, Josef; Pischke, Jörn-Steffen; Winter-Ebmer, … - 2007

Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...

Persistent link: https://www.econbiz.de/10009741056