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This paper studies the link between hourly wages and workers' subjective assessments of how easy it would be to find … opportunities and respondents who think they are difficult to replace receive higher wages. The results appear to be consistent with … predictions of at least three theoretical frameworks: human capital theory, search theory, and a "locus of control" model. …
Persistent link: https://www.econbiz.de/10009761377
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percent and 1 percent of the within-firm wage distribution rise substantially. Instead, the effect on average wages is small …
Persistent link: https://www.econbiz.de/10015050833
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We offer a unified framework to analyse the determination of employment, employee effort, wages, profit-sharing and … dilution effect in equilibrium. Leverage is shown to decrease employment and to have a strategic commitment value as a wage …
Persistent link: https://www.econbiz.de/10001476532
wages. Often, the effect is predicted to be negative. Despite the popularity of these theories, this has never been tested …. We perform tests with matched worker-firm data. The worker data are informative on individual wages and labor market … difference between labor productivity and wages in a market depends on the degree of frictions and other determinants. We correct …
Persistent link: https://www.econbiz.de/10011349215
literature by analyzing the impact of the transition from salaried employment to self-employment on self-reported skill … that those individuals who transit from salaried employment to self-employment reduce their probability of skill mismatches …
Persistent link: https://www.econbiz.de/10010513338
interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …
Persistent link: https://www.econbiz.de/10011981371
interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …
Persistent link: https://www.econbiz.de/10011972451
We develop and estimate a search model that captures the specific characteristics of Latin America and Caribbean (LAC) labor markets and the crucial differences between men and women. Labor force participation decisions are integrated in the labor market dynamics, taking into account sample...
Persistent link: https://www.econbiz.de/10012486482