Showing 1 - 10 of 16
We use a large linked employer-employee data set to analyze the importance of relativewage positions in the context of individual quit decisions as an inverse measure of jobsatisfaction. Our main findings are: (1) Workers with higher relative wage positionswithin their firms are on average more...
Persistent link: https://www.econbiz.de/10005870768
A century ago, Thorstein Veblen introduced socially contingent con-sumption into the economic literature. This paper complements the scarceempirical literature by testing his conjecture on South African householddata and nds that Black and Coloured households spend relatively moreon visible...
Persistent link: https://www.econbiz.de/10005870850
Building on the philosophy of Charles Sanders Peirce, recent advances in biosemiotics haveresulted into a concise framework for the analysis of signs in living systems. This paper exploresthe potential for economics and shows how biosemiotics can integrate two differentresearch agendas, each of...
Persistent link: https://www.econbiz.de/10008836935
We analyze the trade-off between the benefits of signaling and the distortions fromopportunistic earnings management … signaling theory, we argue that the market may use an overallassessment of earnings management to identify R&D capitalizations …
Persistent link: https://www.econbiz.de/10008836953
Both conventional wisdom and leading academic research view pork barrel spendingas antithetical to responsible policymaking in times of crisis. In this paper we presentan alternative view. When agents are heterogeneous in their ideology and in theirinformation about the economic situation,...
Persistent link: https://www.econbiz.de/10008939832
intoaccount not only the test performances but also signaling element of the test. Weanalyze the selection procedure as a … signaling game and derive the optimal selectionrule. Moreover, the optimal size of candidate pool and the selection e¢ ciency …
Persistent link: https://www.econbiz.de/10009248892
ability. Then, as a signaling, each candidatedecides whether to perform a task whose performance statistically re‡ects the … ability.However, since the cost of the performance is the same across all candidates, theperformance is a poor signaling … device. This paper analyzes a "signaling game withperformance" in which the standard single crossing condition is violated …
Persistent link: https://www.econbiz.de/10009248917
After controlling a variety of feeder cattle characteristics and market and sale conditions, weestimate the price premiums for preconditioning (vaccinations and minimum 30 days weaning)claims with and without third-party certification (TPC) as $6.15/cwt and $3.40/cwt, respectively,in Iowa feeder...
Persistent link: https://www.econbiz.de/10009360846
In this paper I contrast the impact of precision, i.e., the level of accuracy with which workers' performance is assessed, on wage costs in U- and J-type tournaments. In U-type tournaments prizes are fixed. In J-type tournaments only anoverall wage sum is specified. The principal can increase...
Persistent link: https://www.econbiz.de/10005857928
Mit Hilfe von Daten junger deutscher Franchisesysteme werden empirische Einsichten inZusammenhänge zwischen der Wahl von laufenden und einmaligen Gebühren sowie demUmsatz der Franchisenehmer gewonnen. Zusätzlich werden die Wirkungen der bei denFranchisenehmern verbleibenden unternehmerischen...
Persistent link: https://www.econbiz.de/10005858171