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In a world of uncertainty in which a worker's performance is variable over time and average performance is unknown when hiring, how will employers determine compensation? We develop a monitoring and signaling model where information is symmetric and parties are risk neutral. Monitoring costs...
Persistent link: https://www.econbiz.de/10014222252
This paper analyses the relationship between education, gender and earnings in France and Germany. The model chosen …, taking gender-specific sample selectivity into account. The results indicate that the completion of a minimum level of …
Persistent link: https://www.econbiz.de/10014070459
In addition to discrimination, market power, and human capital, gender differences in risk preferences might also … contribute to observed gender wage gaps. We conduct laboratory experiments in which subjects choose between a risky (in terms of … more likely than men to select the secure job, and these job choices accounted for between 40% and 77% of the gender wage …
Persistent link: https://www.econbiz.de/10011521155
market and that this partly translates into the actual gender wage gap through effects on educational choice and the … market compensates higher wage risk with higher wages, this study investigates whether the gender gap in wage expectations …, they expect lower wage risk as measured by the individual-specific dispersion in wage expectations. I decompose the gender …
Persistent link: https://www.econbiz.de/10011865456
occupational injuries. It is therefore remarkable that almost all studies analyzing the gender wage gap have disregarded different … occupational injury risks as a potential explanatory variable for observed gender wage differentials. By merging data on … occupational injury risks to German and US panel data on individual workers, this study analyzes gender wage differentials in …
Persistent link: https://www.econbiz.de/10014047868
Using a new composite climate-risk index, we show that population in high-risk counties has grown disproportionately over the last few decades, even relative to the corresponding commuting zone. We also find that the agglomeration is largely driven by increases in the (white) working-age...
Persistent link: https://www.econbiz.de/10014260268
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required compensation. In concordance to what theory predicts, we find that the labor market compensates for such foreseeable …
Persistent link: https://www.econbiz.de/10013319587
Persistent link: https://www.econbiz.de/10009659193