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workers are assumed to come from a group with lower average ability. Their promotion is hypothesized to signal a larger … positive assessment of their ability than for more highly educated workers for whom promotion is expected. Promotions for … younger workers, with less known about their abilities, should also result in strong signaling effects. We find results in …
Persistent link: https://www.econbiz.de/10013108233
hiring, how will employers determine compensation? We develop a monitoring and signaling model where information is symmetric …
Persistent link: https://www.econbiz.de/10014222252
Work of low-skilled migrant workers from developing countries in developed economies is a growing phenomenon and a key political and economic issue. An extensive literature has found (for the most part) that these workers come from the lower part of the skill distribution. This paper revisits...
Persistent link: https://www.econbiz.de/10010261853
Work of low-skilled migrant workers from developing countries in developed economies is a growing phenomenon and a key political and economic issue. An extensive literature has found (for the most part) that these workers come from the lower part of the skill distribution. This paper revisits...
Persistent link: https://www.econbiz.de/10013319378
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements of offshoring: that it involves intermediate inputs for...
Persistent link: https://www.econbiz.de/10012997459
character of working time. We examine whether unpaid extra hours induce a higher likelihood of promotion and pay rise, and … ; unpaid work ; promotion ; wage growth ; layoff …
Persistent link: https://www.econbiz.de/10003148200
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10003754931
To study the role of talent in finance workers' pay, we exploit a special feature of the French higher education system. Wage returns to talent have been significantly higher and have risen faster since the 1980s in finance than in other sectors. Both wage returns to project size and the...
Persistent link: https://www.econbiz.de/10012905021
This study examines the effect of noncompete enforceability on training and wages. An increase from non-enforcement to mean enforceability is associated with a 14% increase in training, which tends to be firm-sponsored and designed to upgrade or teach new skills. In contrast to theoretical...
Persistent link: https://www.econbiz.de/10012937526
We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation for the job offered by firms in the labor market. We first show that, when workers are motivated, inefficiencies due to adverse selection are mitigated. More interestingly,...
Persistent link: https://www.econbiz.de/10011730993