This survey combines ideas and results from sociology and economics, recognizing that economic decisions are often shaped by social concerns and influences. Based on the sociological literature, we define social status and describe its measurement. We then describe the role of social status in...

Elected President by 53% of the French people, the 51-year-old politician, M. Nicolas Sarkozy, has pulled off a major triumph in uniting his camp behind him, but now faces the greater task of unifying the nation, as his mentor Charles de Gaulle succeeded to do by times of big challenges. This is...

The economic analysis of employee on-the-job behavior (OJB) provides foundations for the modeling of workplace equilibrium, which powerfully augments marketplace equilibrium and deserves greater attention from theorists. This paper seeks to stimulate interest in the formal modeling of optimizing...

Money throughout the world has been operating without a defined denominator. Currency names identify nationality but not value. Equal work time is now and has been the center line of gravity of currency exchange rates since the IMF began publishing the data to see it, since 1948. Adoption of an...

The study of the employment relation has always held a somewhat ambiguous position within the field of economics. The nature of labour market adjustment processes and unique aspects of the employment relation have posed problems for standard economic theories and have limited the use of formal...

The importance of the professional competence is frequently linked with periods of economic crisis. The same can be said for the process of globalisation and the transformation of production activity as a result of the continuous development in the information technologies and automation that...

“Comparable Worth” represents the concept that men, women, minorities, and whites should receive equal pay for work of equal value from their employer. Much research and many articles have been written in regards to overall pay inequities between men and women; however information regarding...

Criticism of the compensation practice of bonus payments was a key element of the public debate concerning the causes and consequences of the global financial crisis (GFC). Along with the criticism of bonuses in the financial and banking sector, the validity of the performance principle as a...