This paper analyzes firms' hiring and promotion patterns, and infers the relative significance of the firm- and occupation-specific human capital required for each job rank. The results suggest that firm-specific skills are just as valuable as occupation-specific skills, and that the value of...

In this paper we report on four topics. (1) To what extent are piece-rate systems used among manufacturing workers in Finland? (2) What is the effect on the average pay level of using piece- versus time-rate systems? (3) How much wage risk is associated with a piecerate system? (4) How much of...

This paper reports on four topics. To what extent are piece-rate systems used among manufacturing workers in Finland? What is the effect on the average pay level of using piece- versus time-rate systems? How much wage risk is associated with a piece-rate system? How much of the pay differential...

This paper studies the long-term effect of business cycle, employment rate and employment growth rate on later wages and promotions. Using Swedish employer-employee match data, we find that workers who enter the labor market during a recovery phase of a business cycle (when the employment rate...

We study workers’ reactions to changes in the gender composition of top management during a merger or acquisition, finding that an increase in the number of female top managers within their occupation makes male workers more likely to quit, and female workers less likely to quit. These effects...

Highly-educated individuals are over-represented among violent operatives of insurgent organizations in the Middle East. This suggests four inter-related questions: (1) Why do those who seem to have good prospects willingly endanger their own lives? (2) What incentives drive these highly...

We study workers’ reactions to changes in the gender composition of top management during a merger or acquisition, finding that an increase in the number of female top managers within their occupation makes male workers more likely to quit, and female workers less likely to quit. These effects...