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Determinants of Profit Sharing in the Finnish Corporate Sector

Arranz-Aperte, Laura; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2003

This study investigates the role of factors that determine individual employees’ and firms’ participation in profit sharing schemes. Using a large panel data of Finnish employees for the period 1996-2000 we analyse individual and workplace characteristics that make firms employ profit...

Persistent link: https://www.econbiz.de/10005702995

Does wage rigidity really exist? New evidence from US panel data

Blanckenburg, Korbinian von; Geist, Alexander; Schmidt, … - Institut für Siedlungs- und Wohnungswesen, …

Downward nominal wage rigidity (DNWR) could prevent real wage adjustments in times of low inflation rates. Nominal wage …

Persistent link: https://www.econbiz.de/10010735896

Profit share and returns on capital stock in Italy: the role of privatisations behind the rise of the 1990s

Torrini, Roberto - London School of Economics (LSE) - 2005

Profit share in Italy has been growing between the mid-1970s and the mid-1990s, remaining stable at historically high levels since than. After dropping in the first half of the 1070s, owing to an unprecedented rapid rise in wages, profit share started to recover. The rise during the 1980s...

Persistent link: https://www.econbiz.de/10010745192

The Beveridge curve, unemployment and wages in the OECD from the 1960s to the 1990s - preliminary version

Nickell, Stephen; Nunziata, Luca; Ochel, Wolfgang; … - London School of Economics (LSE) - 2001

This paper is an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s, looking … at the Beveridge Curves, real wages as well as unemployment directly. Our results indicate the following. First, the … unemployment. Finally, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions …

Persistent link: https://www.econbiz.de/10010745475

Evaluating the economic significance of downward nominal wage rigidity

Elsby, Michael W. L. - London School of Economics (LSE) - 2005

This paper seeks to contribute to the literature on downward nominal wage rigidity (DNWR) along two dimensions. First, we formulate and solve an explicit model of wage-setting in the presence of worker resistance to nominal wage cuts - something that has previously been considered intractable....

Persistent link: https://www.econbiz.de/10010746448

Privatization, entry regulation and the decline of labor's share of GDP: a cross-country analysis of the network industries

Azmat, Ghazala; Manning, Alan; Van Reenen, John - London School of Economics (LSE) - 2007

Labor’s share of GDP in most OECD countries has declined over the last two decades. Some authors have suggested that these changes are linked to deregulation of product and labor markets. To examine this we focus on a large quasi-experiment in the OECD: the privatization of many network...

Persistent link: https://www.econbiz.de/10010746486

EFFICIENCY WAGE THEORY: EVIDENCE FOR SINGAPORE MANUFACTURING SECTOR

CHUA, SIN-CHET; LIM, YUN-WEN; TER, TENG-TENG; CHEW, … - In: The Singapore Economic Review (SER) 59 (2014) 03, pp. 1450021-1

This paper attempts to test whether there is econometric evidence in support of the efficiency wage theory in Singapore's manufacturing sector. Two of the possible ways to account for efficiency wages are to show that higher wages have resulted in reduced shirking by workers, and to show that...

Persistent link: https://www.econbiz.de/10010791510

Who benefits from labor market institutions? Evidence from surveys of life satisfaction

Ochsen, Carsten; Welsch, Heinz - In: Journal of Economic Psychology 33 (2012) 1, pp. 112-124

and the level and duration of unemployment benefit payments. Using data for almost 370,000 individuals in ten European … intermediate age, it is less beneficial for women/housewives and for older persons. More generous unemployment insurance is valued …

Persistent link: https://www.econbiz.de/10010577296

Distributional effects of hiring through networks

Igarashi, Yoske - Business School, University of Exeter - 2013

How would a policy that bans the use of networks in hiring (e.g., anti-old boy network laws) affect welfare? To answer this question, we examine a variant of Galenianos (2013), a version of a random search model with two matching technologies: a standard matching function and worker networks....

Persistent link: https://www.econbiz.de/10010705551

PROS AND CONS IN DISCUSSING THE MIGRATION OF ROMANIAN WORKERS IN THE OTHER MEMBER STATES OF THE EUROPEAN UNION

RAB, Razvan Stefan - In: Journal of Doctoral Research in Economics 3 (2011) 3, pp. 31-37

The start point of contrasting advantages and disadvantages of the international migration of Romanian workers is an inventory of the multiple effects of this phenomenon on the national economy as a whole, on households and on individuals. Labour force migration is mainly motivated by economic...

Persistent link: https://www.econbiz.de/10010819138