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We explore whether the way in which tax credits are disbursed affects the gross wage of workers. We exploit an unusual …
Persistent link: https://www.econbiz.de/10012597138
This paper examines the effect of wage variation on individual wages. The results reveal that wage variation by … literature on the issue, both results are consistent with the notion of wage compensation for risk-averse workers. However, our … results show that the impact of wage-variation on wages is not reasonably described by a single parameter for all individuals …
Persistent link: https://www.econbiz.de/10011993927
Good compensation is an important part of the nation's compact with its men and women in uniform. In contrast to the private sector or other government employers, the U.S. military spends a large share of its compensation dollars on noncash benefits. Such benefits are extremely inefficient from...
Persistent link: https://www.econbiz.de/10014057038
This paper considers the effects of the 1993 legislation limiting the deductibility of non-performance-based executive compensation for corporate income tax purposes. We begin by describing the specific provisions of the legislation, and we discuss its possible effects on overall compensation...
Persistent link: https://www.econbiz.de/10014064241
). This earnings advantage of union workers is known as the union wage premium. The premium differs by country, industry …, worker, and the estimated wage premium varies by study methodology, among other factors. This chapter explains the premium s … determinants and charts how they have changed over time, leading to a typically reduced wage effect in recent years relative to …
Persistent link: https://www.econbiz.de/10014083055
Working from home (WFH) has become ubiquitous around the world. We ask how much workers actually value this job attribute. Using a stated-preference experiment, we show that German employees are willing to give up 7.7% of their earnings for WFH, but they value other job attributes more. For...
Persistent link: https://www.econbiz.de/10013445443
The competitive target pay policy sets a target amount of total compensation within a specified range of the amount paid to executive peers. If such a policy were widely adopted by compensation committees, we would observe a negative cross-sectional association between the stock price...
Persistent link: https://www.econbiz.de/10013403344
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014368278
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014342988
The competitive target pay policy sets a target dollar number for total CEO compensation within a specified range of the amounts paid to a CEO’s peers chosen from similar sized firms in the same industry. If such a policy were widely adopted by compensation committees, we would observe a...
Persistent link: https://www.econbiz.de/10014351180