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turnover. It also tests whether profit sharing has a differential impact on turnover in comparison to other forms of PRP … a parsimonious specification of the determinants of turnover and then progressively adds various sets of controls known … to influence turnover decisions to observe how their inclusion influences PRP coefficients. Estimations employ both …
Persistent link: https://www.econbiz.de/10010616624
We test the theoretical prediction that profit sharing reduces worker separations and by doing so increases the incidence of training. Using individual level UK data, we confirm that profit sharing is a robust determinant of lower separation rates and of greater training incidence. Critically,...
Persistent link: https://www.econbiz.de/10011186395
Performance pay is of growing importance to the wage structure as it applies to a rising share of employees. At the same time wage dispersion is growing continuously. This leads to the question of how the growing use of performance pay schemes is related to the increase in wage inequality?...
Persistent link: https://www.econbiz.de/10010601627
It has long been recognised that public sector jobs are an attractive opportunity (because of job security, fringe benefi ts, and so on) in Pakistan’s labour market. Since the early 1990s, Pakistan has been going through an economic restructuring plan, particularly in terms of privatisation....
Persistent link: https://www.econbiz.de/10011260903
This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human capital acquisition given skill-biased technical progress. The analysis points to the economic costs resulting from labor market and income redistribution policies that prevent the...
Persistent link: https://www.econbiz.de/10005264106
This chapter provides a comprehensive overview of decomposition methods that have been developed since the seminal work of Oaxaca and Blinder in the early 1970s. These methods are used to decompose the difference in a distributional statistic between two groups, or its change over time, into...
Persistent link: https://www.econbiz.de/10009642959
This paper exploits responses on the stated preferences for public sector jobs among a sample of unemployed in Pakistan to inform on the existence of public sector job queues. The empirical approach allowed job preference to influence unemployment duration. The potential wage advantage an...
Persistent link: https://www.econbiz.de/10009363350
We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find...
Persistent link: https://www.econbiz.de/10005825907
This paper exploits responses on the stated preferences for public sector jobs among a sample of unemployed in Pakistan to inform on the existence of public sector job queues. The empirical approach allowed job preference to influence unemployment duration. The potential wage advantage an...
Persistent link: https://www.econbiz.de/10005796916
Persistent link: https://www.econbiz.de/10008491911