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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
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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
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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
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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
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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
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Indenture as a Commitment Device in Self-Enforced Contracts: An Experimental Test
Kritikos, Alexander S.; Tan, Jonathan H. W. - 2005
How can a principal (an agent) ensure that an agent (a principal) will work (pay up), if payment (work) precedes work (payment)? When a banknote is torn in two, each part is by itself worthless. A principal can pre-commit to payment-on-delivery, by tearing a banknote and giving the agent the...
Persistent link: https://www.econbiz.de/10010297243
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Can Reputation Discipline the Gig Economy? Experimental Evidence from an Online Labor Market
Benson, Alan; Sojourner, Aaron J.; Umyarov, Akhmed - 2015
In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in which employers may decline to pay workers while keeping their work product. First, in an audit study of employers by a blinded worker, we find that working only for good...
Persistent link: https://www.econbiz.de/10011401783
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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
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Institutions and contract enforcement
Falk, Armin; Huffman, David; MacLeod, W. Bentley - 2008
enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a …
Persistent link: https://www.econbiz.de/10010264349
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The incentive effects of long-term contracts on performance - Evidence from a natural experiment in European Football
Gerfin, Michael; Feess, Eberhard; Mühlheusser, Gerd - 2010
The empirical analysis of the impact of long-term contracts on performance is challenging for two reasons: first, it is … difficult to get adequate performance measures and second, potentially negative incentive effects of long-term contracts are … countervailed by selection effects when workers with higher abilities get longer contracts. We adopt data from professional sports …
Persistent link: https://www.econbiz.de/10010270241