Showing 1 - 10 of 1,298
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using detailed Belgian linked employer-employee panel data. Findings, robust to a large set of covariates, specifications and econometric issues, show that educational (age) diversity...
Persistent link: https://www.econbiz.de/10013082758
This paper examines how changes in the composition of the human capital of the workforce impact the CEO. Over the last fifty years, technological change has caused the tasks workers perform to shift from routine to nonroutine work. I estimate that these changes in the workforce caused CEO pay to...
Persistent link: https://www.econbiz.de/10013034634
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using detailed Belgian linked employer-employee panel data. Findings, robust to a large set of covariates, specifications and econometric issues, show that educational (age) diversity...
Persistent link: https://www.econbiz.de/10009738766
Utilizing comprehensive administrative data from Brazil, we investigate the impact of peer effects on wages, considering both within-gender and cross-gender dynamics. Since the average productivity of both individuals and their peers is unobservable, we estimate these values using worker fixed...
Persistent link: https://www.econbiz.de/10014461495
Recent experimental literature in labor economics shows that fairness concerns make a substantial difference for … working decisions. Our study systematically explores how the existence of multiple fairness foci influences wage setting and … acceptance thresholds. Particularly, we focus on the effect of horizontal fairness concerns, i.e., the wage comparison among …
Persistent link: https://www.econbiz.de/10014057706
This paper studies the impact of exam luck on individuals’ education and labor market success. We leverage unique features of the Norwegian education system that produce random variation in the content of the exams taken by students at the end of high school. Lucky students take exams in...
Persistent link: https://www.econbiz.de/10012817815
of wage dispersion, the incentive effects of "tournaments" dominate (are dominated by) "fairness" considerations …
Persistent link: https://www.econbiz.de/10003817906
Equality of opportunity is a principle of justice that is built on two fundamental ideas. On the one hand, outcome differences across individuals are unacceptable if they are rooted in factors that are beyond individual control. Examples of such circumstance characteristics are the biological...
Persistent link: https://www.econbiz.de/10012484012
Using monthly and quarterly cross-sectional dispersion in firm level earnings news as a proxy for investor uncertainty about the implications of current aggregate earnings for future discount rates, I find that higher investor uncertainty leads to a lower stock market reaction to aggregate...
Persistent link: https://www.econbiz.de/10013125333
This study investigates the impact of professor-directors on the executive-employee pay gap in public Chinese firms. University professors are generally believed to have higher standards of ethical and social responsibility by the public. Consistent with this view, we find there is a negative...
Persistent link: https://www.econbiz.de/10012894624