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Micro foundations of earnings differences
Das, Tirthatanmoy; Polachek, Solomon W. - 2017
This paper examines how human capital based approaches explain the distribution of earnings. It assesses traditional, quasi-experimental, and new micro-based structural models, the latter of which gets at population heterogeneity by estimating individual-specific earnings function parameters....
Persistent link: https://www.econbiz.de/10011709811
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The Lemons Problem in a Labor Market with Intrinsic Motivation : When Higher Salaries Pay Worse Workers
Barigozzi, Francesca - 2014
We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation. When workers are motivated, ine¢ ciencies due to adverse selection are mitigated and a change in salaries may have unexpected consequences. With a su¢ ciently strong and...
Persistent link: https://www.econbiz.de/10013063829
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The Lemons Problem in a labor market with intrinsic motivation : when higher salaries pay worse workers
Barigozzi, Francesca; Burani, Nadia; Raggi, Davide - 2013
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
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A comment on "Taste-based gender favouritism in high-strike decisions: evidence from the price is right"
Engel, Julia F.; Nüß, Patrick; Rudolph, Meike; … - 2024
We conduct a computational replication of Atanasov et al. (2023). In total, our analysis covers three variations: we use the cleaned dataset provided in the replication package, we clean the original data ourselves, and finally we extend the dataset to encompass an additional three years of data...
Persistent link: https://www.econbiz.de/10015066376
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Endogenous schooling and the distribution of the gender wage gap
Hansen, Jörgen; Wahlberg, Roger - 1999
Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased estimates for a number of reasons. Consequently, if...
Persistent link: https://www.econbiz.de/10011316913
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Earnings Over the Life Cycle : The Mincer Earnings Function and its Applications
Polachek, Solomon W. - 2021
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
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Do Employers Pay for Consistent Performance? : Evidence from the NBA
Bodvarsson, Orn B.; Brastow, Raymond T. - 1998
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
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Wages and informal labour markets in India : whither premiums on human capital investments?
Unni, Jeemol; Sarkar, Sudipa - In: The Indian journal of labour economics : a quarterly … 56 (2013) 4, pp. 525-545
Persistent link: https://www.econbiz.de/10010395831
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Wage labour in developing agriculture : risk, effort and economic development
Kanwar, Sunil - 1998
Persistent link: https://www.econbiz.de/10013550500
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Wage flexibility in a unionized economy with stable wage dispersion
Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148