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The wage curve : an entry written for the new palgrave, 2nd edition

Blanchflower, David G. (contributor); … - 2006

This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1. -- wage...

Persistent link: https://www.econbiz.de/10003391949

The Scots may be brave but they are neither healthy nor happy

Bell, David N. F. (contributor); … - 2005

On almost all measures of physical health, Scots fare worse than residents of any other region of the UK and often worse than the rest of Europe. Deaths from chronic liver disease and lung cancer are particularly prevalent in Scotland. The self-assessed wellbeing of Scots is lower than that of...

Persistent link: https://www.econbiz.de/10003231935

The Wage Curve : An Entry Written for the New Palgrave, 2nd Edition

Blanchflower, David G. - 2006

This paper summarizes evidence for the existence of a wage curve - a downward-sloping relationship between the level of pay and the local unemployment rate - in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1

Persistent link: https://www.econbiz.de/10012780053

The Scots May Be Brave But They are Neither Healthy Nor Happy

Bell, David N.F; Blanchflower, David G. - 2021

Persistent link: https://www.econbiz.de/10013318051

U-type versus J-type tournaments

Kräkel, Matthias - 2001

In practice, two types of tournaments can be distinguished - U-type and J-type tournaments. In U-type tournaments …, workers receive prizes that have been fixed in advance. In J-type tournaments, the employer fixes an aggregate wage bill in …-type tournaments if the number of workers is large, whereas the opposite holds for small numbers of workers. …

Persistent link: https://www.econbiz.de/10011538870

Splitting leagues

Kräkel, Matthias (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001828782

Splitting leagues

Kräkel, Matthias - In: Journal of economics 88 (2006) 1, pp. 21-48

Persistent link: https://www.econbiz.de/10003340115

Merger performance and managerial incentives

Kräkel, Matthias; Müller, Daniel - 2014

We consider a two-stage principal-agent model with limited liability in which a CEO is employed as agent to gather information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that the CEO systematically recommends targets with low...

Persistent link: https://www.econbiz.de/10011430291

Peer effects and incentives

Kräkel, Matthias - 2014

In a multi-agent setting, individuals often compare own performance with that of their peers. These comparisons influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show that depending on the interplay of the peer effects, agents...

Persistent link: https://www.econbiz.de/10011430294

Empowerment and the dark side of delegation

Kräkel, Matthias - 2018

The existing delegation literature has focused on different preferences of principal and agent concerning project selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the preferences of principal and agent are exogenously...

Persistent link: https://www.econbiz.de/10011795221