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Student earnings expectations : heterogeneity or noise?
Diaz-Serrano, Luis; Hartog, Joop; Nilsson, William; … - 2016 - First draft 12-05-14; revised 26-01-15; this draft 19-09-2016
on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings … countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and …
Persistent link: https://www.econbiz.de/10011544177
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The Entrepreneurial Earnings Puzzle : Mismeasurement or Real?
Astebro, Thomas B. - 2013
A review of recent evidence on relative earnings from entrepreneurship versus wage work presents a puzzle: why do …
Persistent link: https://www.econbiz.de/10013090500
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On the economic architecture of the workplace : repercussions of social comparisons amongst heterogeneous workers
Hyll, Walter; Stark, Oded - 2011
We analyze the impact on a firm's profits and optimal wage rates, and on the distribution of workers' earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort …
Persistent link: https://www.econbiz.de/10008990892
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2012
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10009581985
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2011
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences. In the underlying theoretical framework, such preferences lead to a link between a firm's operating profits on the one hand and wages of workers employed by this firm on the...
Persistent link: https://www.econbiz.de/10009404745
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Channels of Wage Income Smoothing : United States 1963-2010
Long, Wen - 2018
In this paper, adopting the framework of Asdrubali, Sorensen and Yosha (1996), I identity three channels of wage income smoothing: net taxes, employers, and interstate commuting income. They smooth 1.8%, 55.1% and 3.0%, respectively, of shocks to Gross State Product (GSP). 40.1% of shocks are...
Persistent link: https://www.econbiz.de/10012916160
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Trade, Wages, and Profits
Egger, Hartmut - 2012
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10013101194
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Do Firms Really Share Rents with Their Workers?
Margolis, David N.; Salvanes, Kjell G. - 2021
We use matched firm-worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their workers in the form of higher wages. After documenting the main stylized facts, we find that neither the main...
Persistent link: https://www.econbiz.de/10013320895
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Productivity, Wages and Profits : Does Firms' Position in the Value Chain Matter?
Mahy, Benoit - 2019
This paper is the first to estimate the impact of a direct measure of firm-level upstreamness on productivity, wage costs and profits (i.e. productivity-wage gaps). To do so, we merged detailed Belgian linked panel data, covering all years from 2002 to 2010, to a unique data set developed by...
Persistent link: https://www.econbiz.de/10012858492
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Profit Share Labour Arrangements in Competitive Markets
Koutronas, Evangelos - 2017
This paper explores the concept of profit sharing as a prospective source of labour income. The paper suggests a paradigm shift: a synthesis of differing perspectives in wage formation to redefine the concept of labour income. The proposed arrangements attempt to conceptualise the productive...
Persistent link: https://www.econbiz.de/10012954902