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We address the presence, magnitude, and composition of wage gains related to former co-workers and discuss the mechanisms that could explain their existence. Using Hungarian linked employer-employee administrative data and proxying actual co-workership with overlapping work histories, we show...
Persistent link: https://www.econbiz.de/10012391107
This paper studies the link between hourly wages and workers' subjective assessments of how easy it would be to find … opportunities and respondents who think they are difficult to replace receive higher wages. The results appear to be consistent with …
Persistent link: https://www.econbiz.de/10009761377
This paper studies the link between hourly wages and workers' subjective assessments of how easy it would be to find … opportunities and respondents who think they are difficult to replace receive higher wages. The results appear to be consistent with …
Persistent link: https://www.econbiz.de/10013081086
transparency rules and their effects on wages. We find that these rules induce firms to behave strategically with the aim of …
Persistent link: https://www.econbiz.de/10013219420
paper contains a formal analysis of transparency rules and their effects on wages. We find that these rules induce firms to …
Persistent link: https://www.econbiz.de/10012594946
effects on either wages or employment probabilities in manufacturing. In the service industries, workers are affected in terms …We investigate the impact of offshoring on individual level wages and unemployment probabilities and pay particular … significant reduction in wages as materials offshoring increases, while permanent workers' wages are unaffected or even tend to …
Persistent link: https://www.econbiz.de/10013099404
This paper formalizes the use of flexible labor contracts in an efficiency wage framework and derives market dualism as an endogenous outcome. By allowing temporary contracts to be either renewed or converted into permanent contracts, new theoretical insights emerge both on the equilibrium wage...
Persistent link: https://www.econbiz.de/10013057255
. This suggests that firms and workers bargain frequently over wages, even in the absence of an outside job offer. Moreover … Foxconn's publicly announced wages. Investigating whether individuals act on their updated beliefs, I find evidence that …
Persistent link: https://www.econbiz.de/10014384382
Higher wages increase labor costs but improve the productivity of the labor force through several channels. If firms … take this into account and set their wages accordingly, the resulting wages may fail to adjust demand and supply but may … higher wages. All these phenomena are well established empirically. Efficiency wage theory provides an integrated explanation …
Persistent link: https://www.econbiz.de/10011438256
previous research. Using a large and representative sample of German start-ups, I show that worker replacement has negative …
Persistent link: https://www.econbiz.de/10012962525