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Does self-employment pay? : the role of unemployment and earnings risk

Garcia-Cabo, Joaquin; Madera, Rocio - 2024

This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between self-employment and paid-employment. Using Spanish administrative data, we characterize the distribution and dynamics of earnings and document lower and less dispersed earnings...

Persistent link: https://www.econbiz.de/10014543846

The Effect of Match Quality and Specific Experience on Career Decisions and Wage Growth

Yamaguchi, Shintaro - 2009

employer matching to understand wage growth and career mobility using the NLSY79. It departs from previous papers in that …-specific experience. However, college graduates' wage grows little through career-match upgrading, which results in a lower incidence of …

Persistent link: https://www.econbiz.de/10014054567

The Peer Effect on Future Wages in the Workplace

Hong, Long; Lattanzio, Salvatore - 2022

in coworker quality increases one’s wage in the next year by 1.8 percent. The effect decreases gradually over time and … affect wages of movers and coworkers. We find that hiring a high-quality worker is an important driver of wage growth, as …

Persistent link: https://www.econbiz.de/10013294561

Which Workers Earn More at Productive Firms? Position Specific Skills and Individual Worker Hold-up Power

Bloesch, Justin; Larsen, Birthe; Taska, Bledi - 2022

. We present a model of wage determination where firms produce using a novel generalization of Kremer (1993)'s O … from US job posting data. High hold-up occupations exhibit both higher wage levels and higher long-run passthrough of …-up power across occupations has numerous implications for wage inequality: (1) greater employment of men in high hold …

Persistent link: https://www.econbiz.de/10013295449

Earnings dynamics and labor market reforms : the Italian case

Hoffmann, Eran B.; Malacrino, Davide; Pistaferri, Luigi - In: Quantitative economics : QE ; journal of the … 13 (2022) 4, pp. 1637-1667

This paper summarizes statistics on the key aspects of the distribution of earnings levels and earnings changes using administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and earnings volatility increased, while earnings...

Persistent link: https://www.econbiz.de/10014306306

Returns to Tenure or Seniority?

Buhai, Sebastian; Portela, Miguel; Teulings, Coen; van … - 2021

firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between …

Persistent link: https://www.econbiz.de/10013325160

Wage Expectations for Higher Education Students in Spain

Alonso-Borrego, Cesar - 2014

lower for women than for men. However, the gender gap in actual wages exceeds the gender gap in wage expectations … graduation horizon play a relevant in wage forecasts …

Persistent link: https://www.econbiz.de/10013068075

The Impact of Training on Productivity and Wages : Firm Level Evidence

Konings, Jozef - 2010

wage premium of training is estimated at 12%. Our results give support to recent theories that explain work related …

Persistent link: https://www.econbiz.de/10013148076

The Impact of Training on Productivity and Wages : Firm Level Evidence

Konings, Jozef; Vanormelingen, Stijn - 2009

wage premium of training is estimated at 12%. Our results give support to recent theories that explain work related …

Persistent link: https://www.econbiz.de/10014202855

Employment as Fiduciary Relationship

Bodie, Matthew T. - 2016

Under traditional agency law doctrine, employees are agents of their employers and owe an agent's concomitant fiduciary duties. Employers, in turn, are merely principals and have no corresponding fiduciary duties. A new wave of thinking has unsettled this approach by concluding that only...

Persistent link: https://www.econbiz.de/10012993768