Narrow search
Showing 1 - 10 of 1,658
Cover Image
Does money change who you are? : quasi-experimental evidence on the effects of wage increases on personality
Ayaita, Adam - 2022
Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of … wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as … an instrument for the relative increase in the worker's hourly wage in a two-stage least squares estimation based on …
Persistent link: https://www.econbiz.de/10013326303
Cover Image
Lifetime Earnings
Bhojraj, Sanjeev; Ochani, Ashish; Rajgopal, Shivaram - 2021
Using realized earnings over long periods of time, we investigate errors in earnings expectations implied by stock prices of firms. We compute lifetime earnings for 16,386 (3,711) domestic firms that started trading after (existed as of) January 1, 1975 for the years 1975-2019 and compare such...
Persistent link: https://www.econbiz.de/10013322273
Cover Image
Das schwindende Vertrauen in die Marktwirtschaft und die Folgen für das Recht
Engel, Christoph - 2009
The Eroding Trust in Capitalism and its Consequences for Law: On both sides of the Atlantic, legislators consider a cap on manager income. As a redistributive intervention, the cap would be misplaced. It affects such a small number of persons that the effect on the Gini coefficient would be...
Persistent link: https://www.econbiz.de/10003905814
Cover Image
The distribution of earnings under monopsonistic/polistic competition
Thisse, Jacques-François; Toulemonde, Eric - 2010
, firms are price-makers and wage-setters. By combining monopolistic and monopsonistic competition, our setting encapsulates … ; monopsonistic competition ; monopolistic competition ; labor exploitation ; wage dispersion …
Persistent link: https://www.econbiz.de/10008810540
Cover Image
Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
Cover Image
Long run trends in Australian executive remuneration : BHP 1887 - 2012
Pottenger, Mike; Leigh, Andrew - 2013
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average...
Persistent link: https://www.econbiz.de/10009766261
Cover Image
My wage is unfair! : just a feeling or comparison with peers?
Schneck, Stefan - 2013
This paper descriptively analyzes the nexus between income comparisons and perceptions of unfair pay. A German household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid individuals with similar characteristics. This suggests that...
Persistent link: https://www.econbiz.de/10009715233
Cover Image
The distribution of income in Central America
Gindling, Thomas; Trejos, Juan Diego - 2013
We document changes in income and earnings inequality in the five Central American countries from the early 1990s to 2009. In the 1990s Costa Rica had the most equal distribution of income in Central America, and one of the most equal distributions of income in Latin America. At the other...
Persistent link: https://www.econbiz.de/10009717882
Cover Image
Labour-market institutions and the dispersion of wage earnings
Salverda, Wiemer; Checchi, Daniele - 2014
employment, rising dual-earnership and part-time employment underline its relevance. We discuss the measurement of wage … inequality, data sources, and stylized facts of wage dispersion for rich countries. The literature explaining the dispersion of … wage rates and the role of institutions is evaluated, from the early 1980s to the recent literature on job polarization and …
Persistent link: https://www.econbiz.de/10010360090
Cover Image
Globalization, wage polarization, and the unstable great ratio
Cozzi, Guido; Impullitti, Giammario - 2014
wage and employment structure? Can it contribute shaping the dynamics of wealth-to-income ratio? To answer these questions …s reproduces a non-negligible part of US wage polarization and substantial part of the increase in the wealth …
Persistent link: https://www.econbiz.de/10010417976