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Teacher contracts that condition pay and retention on demonstrated performance can improve selection into and out of teaching. I study alternative contracts in a simulated teacher labor market that incorporates dynamic self-selection and Bayesian learning. Bonus policies create only modest...
Persistent link: https://www.econbiz.de/10011107218
Persistent link: https://www.econbiz.de/10005486957
The purpose of this paper is to ascertain how wages are being determined in China during the reform period. The paper focuses on the development of the regulatory framework since 1978 and proceeds by examining official regulations regarding labor market institutions and wage setting, and by...
Persistent link: https://www.econbiz.de/10010818583
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10010826213
Labour market segmentation in developing countries has been considered in a growing literature, some of which suggests an informal sector wage premium. However, such studies have mainly focused on urban labour markets and have not discriminated between the informally self-employed and wage...
Persistent link: https://www.econbiz.de/10010892240
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10010785485
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10010877736
This paper studies the organization of the internal labour market of postal services in Spain from 1890 to 1935. The paper discusses the evolution of total employment in relation to postal traffic and average nominal and real wages. The paper then analyses the operation of the internal labour...
Persistent link: https://www.econbiz.de/10010861812
A politikai rendszerváltozást követő gazdasági átalakulás Magyarországon a nagyvállalati belső munkaerőpiacok felbomlását-visszaszorulását s a foglalkozási típusú munkaerőpiacok térnyerését eredményezte. A munkaerőpiac ugyanakkor feltűnően zárttá, rugalmatlanná...
Persistent link: https://www.econbiz.de/10010962451
In Italy employees are fully insured against earning losses due to illness. Since worker’s health is not easily verifiable, absenteeism due to illness is considered an empirical proxy for employee shirking. The Bank of Italy Household Survey (SHIW) provides individual data on days of absence....
Persistent link: https://www.econbiz.de/10005034375