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insider econometric evidence on the structure and the incentive effects of fixed base salaries, paid bonuses, and agreed … bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German … company are analyzed. The main findings are: (1) base salaries increase significantly with age, whereas bonuses decrease with …
Persistent link: https://www.econbiz.de/10010294492
stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10010297774
Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...
Persistent link: https://www.econbiz.de/10010298055
comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive …
Persistent link: https://www.econbiz.de/10010302997
make it easier for them to switch employers than for the part-time educated auditors. The predictions on tenure and wages …
Persistent link: https://www.econbiz.de/10010324997
altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees …
Persistent link: https://www.econbiz.de/10010325842
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10010325994
The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...
Persistent link: https://www.econbiz.de/10010326479
There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …
Persistent link: https://www.econbiz.de/10010330311
In this article I analyze the changes in the gender wage gap in the western region, eastern region and in reunified Germany during the period 1999 - 2006. I use data from the German Socio-Economic Panel and implement two alternative decomposition methodologies; the Juhn, Murphy and Pierce (1991)...
Persistent link: https://www.econbiz.de/10011600935