In 2004 the Financial Accounting Standards Board issued Financial Accounting Statement 123R which, among other things, mandates that firms report the estimated quot;fair valuequot; of employee stock option grants and other forms of equity compensation and apply the expense to their reported...

During the late 1990s public pension funds across the United States accrued large actuarial surpluses. The seemingly flush conditions of the pension funds led legislators in most states to substantially improve retirement benefits for public workers, including teachers. In this study we examine...

In August 2010 the Costa Rican government implemented a comprehensive program to increase compliance with legal minimum wages, the Campaign for Minimum Wages. To evaluate the impact of the Campaign, we use a regression discontinuity approach, which compares what happened to workers who before...

This mixed-methods study examines factors determining employees‘ desire to reduce worktime. The results of a binary logit regression model, based on data from the Austrian Microcencus 2012, suggest that employees who prefer shorter weekly working hours are older, higher educated and work...

Many countries of Europe are moving from conscripted to volunteer military forces. This paper examines the current status of those conversions and interprets them in light of an economic model of the military manpower procurement system choice developed in Warner and Asch (1996). The theoretical...

resumeNEl documento trata una de las problemáticas más latentes en la eracontemporánea de Bogotá, la que representa la contaminación ambientalproducida por la emisión de gases con efecto invernadero que es provocadapor los vehículos automotores, especialmente de servicio público....

We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...

In a total wage concept we include fringe benefits and earnings-related insurance rights, in addition to money wage. Sickness benefit rights are an important part of insurance rights in many industrial countries. In this paper we analyse sickness benefit insurance rights and estimate their...