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Mincer's Overtaking Point and the Lifecycle Earnings Distribution

Polachek, Solomon W. - 2003

In 1958 Jacob Mincer pioneered an important approach to understand earnings distribution. In the years since Mincer?s seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array of observations pertaining...

Persistent link: https://www.econbiz.de/10010261587

Matching Efficiency and Heterogeneous Workers in the UK

Lisauskaite, Elena - 2022

vacancies and unemployed workers. This paper studies the changes in the labour market's efficiency over the period between 2001 … and 2015 in the UK, and decomposes various factors behind it, such as industrial labour market segmentation and … Figura (2015), Hall and Schulhofer-Wohl (2018)), I find that the UK labour market experienced a decrease in the matching …

Persistent link: https://www.econbiz.de/10013426459

Wages, Training and Job Turnover in a Search-Matching Model

Rosholm, Michael; Svarer, Michael - 2000

subsequently estimate the model on Danish labour market data using a structural non-parametric estimation procedure. We find that …

Persistent link: https://www.econbiz.de/10010262429

Empirical Labor Search: A Survey

Eckstein, Zvi; van den Berg, Gerard J. - 2003

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

Persistent link: https://www.econbiz.de/10010273738

Labor Force Internationalization. Unemployment and Emigration in Bacau and Vaslui Counties of Romania

Munteanu, Roxana Florina; Moraru, Andreea - In: CES Working Papers 7 (2015) 2, pp. 309-316

The article analyses the relations between unemployment and emigration in Bacau and Vaslui counties, in a comparative outlook. The article starts with an analysis on Romania situation concerning the two phenomena. The second part brings forward the two counties, Bacau and Vaslui, trying to...

Persistent link: https://www.econbiz.de/10012017210

Optimal Incentives without Expected Utility

González-Jiménez, Víctor - 2022

contracts that are typically observed in practice such as salaries, lump-sum bonuses, and high-performance commissions. …

Persistent link: https://www.econbiz.de/10014321765

Labour Market Dualism and the Heterogeneous Wage Gap for Temporary Employment. A Multilevel Study across 30 Countries

Fauser, Sophia; Gebel, Michael - 2023

permanent contracts increases the wage gap. Instead partial deregulation matters: In countries where permanent workers are … strongly protected the wage gap is larger if the use of temporary contracts is deregulated. Moreover, results suggest that the … institutional and structural labour market dualism amplify labour market inequality in terms of wage gaps between temporary and …

Persistent link: https://www.econbiz.de/10014477486

Optimal contracts based on subjective evaluations and reciprocity

Sebald, Alexander; Walzl, Markus - 2012

As we have demonstrated in a recent laboratory experiment [see Sebald and Walzl (2012)], individuals tend to sanction others who subjectively evaluate their performance whenever this assessment falls short of the individual's self-evaluation even if their earnings are unaffected by the...

Persistent link: https://www.econbiz.de/10010312214

Subjective performance evaluations and reciprocity in principal-agent relations

Sebald, Alexander; Walzl, Markus - 2012

We conduct a laboratory experiment with agents working on and principals benefitting from a real effort task in which the agents' performance can only be evaluated subjectively. Principals give subjective performance feedback to agents and agents have an opportunity to sanction principals. In...

Persistent link: https://www.econbiz.de/10010312226

Psychological Foundations of Incentives

Fehr, Ernst; Falk, Armin - 2002

During the last two decades economists have made much progress in understanding incentives, contracts and organisations …

Persistent link: https://www.econbiz.de/10010262734