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CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and experience substantial compensation losses (Eckbo et al., 2016). While the fear of reputational scarring can lead to lower risk-taking and manifest itself as lower rates of...
Persistent link: https://www.econbiz.de/10013310476
We study career and wage dynamics within and between firms using a large linked employer-employee panel dataset spanning 26 years. We construct six-level hierarchies for more than 5,000 firms. We replicate most of the analyses from Baker, Gibbs and Holmström (Quarterly Journal of Economics,...
Persistent link: https://www.econbiz.de/10008907834
We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...
Persistent link: https://www.econbiz.de/10013319515
Persistent link: https://www.econbiz.de/10001827384
This research proposes a new model of early career success based on both individual characteristics and environmental features. The model contends that individuals discover their unique aptitudes, abilities, and values which in conjunction with environmental conditions, helps them create goals....
Persistent link: https://www.econbiz.de/10014133452
This paper explores the impact of developments in the Irish economy and labour market on computing course development in the Irish Higher Education (HE) sector. Extant computing courses change, or new courses are introduced, in attempts to match labour market demands. The conclusion reached...
Persistent link: https://www.econbiz.de/10014053435
Persistent link: https://www.econbiz.de/10011405196
larger firms. Due to the cost of compensating managers for risk, pay-performance sensitivity optimally declines with size …
Persistent link: https://www.econbiz.de/10013146732
In this paper we study empirically the labor market of economists. We look at the mobility and promotion patterns of a sample of 1,000 top economists over thirty years and link it to their productivity and other personal characteristics. We find that the probability of promotion and of upward...
Persistent link: https://www.econbiz.de/10014073525
unobservable cost associated with the inability of firms and managers to be optimally matched in the cross-section …
Persistent link: https://www.econbiz.de/10013072798