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Incentives in merchant empires: Portuguese and Dutch compensation schemes
Rei, Claudia - In: Cliometrica, Journal of Historical Economics and … 7 (2013) 1, pp. 1-13
Ocean, which they controlled and manned. Both empires faced the same problem of monitoring their agents in remote corners of … the world. Each, however, arrived at a different solution to the monitoring problem. I use a principal–agent model to link … different monitoring options to the different organizational structures of the two empires. I further investigate the …
Persistent link: https://www.econbiz.de/10010875690
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Incentives in Merchant Empires: Portuguese and Dutch Labor Compensation
Rei, Claudia - Volkswirtschaftliche Fakultät, … - 2011
The different organizational structure of the Portuguese and Dutch merchant empires affected their ability to monitor workers. I test the theoretical implications of these differences using micro data of overseas workers' compensation from the sixteenth to the eighteenth century. The two...
Persistent link: https://www.econbiz.de/10008835364
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Careers and wages in the Dutch East India Company
Rei, Claude - In: Cliometrica, Journal of Historical Economics and … 8 (2014) 1, pp. 27-48
Inter-continental trade brought a novel form of organizing business to early modern Europe: the multinational firm. Headquartered in Europe and operating in Asia, the success of the East India Companies depended largely on the management of overseas outposts and their corresponding labor force....
Persistent link: https://www.econbiz.de/10010875685
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Careers and Wages in the Dutch East India Company
Rei, Claudia - Vanderbilt University Department of Economics - 2012
In the sixteenth and seventeenth centuries, inter-continental trade brought with it a novel form of organizing business: the multinational firm. Headquartered in Europe and operating in Asia, the success of the East India Companies depended largely on the management of overseas outposts, as well...
Persistent link: https://www.econbiz.de/10010550745
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Cost saving and the freezing of corporate pensionplans
Rauh, Joshua; Stefanescu, Irina; Zeldes, Stephen P. - 2017
Companies that freeze defined benefit pension plans save the equivalent of 13.5 percent of the long-horizon payroll of current employees. Furthermore, firms with higher prospective accruals are more likely to freeze their plans. Cost savings would not be possible in a benchmark model in which i)...
Persistent link: https://www.econbiz.de/10011864545
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PRecios de las subsistencias, salarios nominales y niveles de vida en c Castilla la Vieja. Palencia, 1751-1861
Lázaro, Javier Moreno - Asociación Española de Historia Económica - AEHE - 2001
New estimates of the cost of living and of the wages in Palencia are presented in order to evaluate the effects of the agrarian capitalism in Castillian working class’ real income from 1751 to 1861. I obtained both prices (incluiding rents) and wages (earned by bricklayers and agricultural...
Persistent link: https://www.econbiz.de/10005013886
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El debate empieza ahora: a propósito de ‘Precios de subsistencias, salarios nominales y niveles de vida en Castilla la Vieja. Palencia, 1751-1861’, de Javier Moreno
Martín, Rafael Domínguez - Asociación Española de Historia Económica - AEHE - 2001
Persistent link: https://www.econbiz.de/10005013890
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Underground, Overground : Labour Productivity in British Coalmining, Co. Durham, 1890-93
Treble, John G. - 2000
It is widely believed that one of the main causes of productivity decline in British coal-mining in the late 19th century was a backward-bending effort supply curve: as wage rates rose, miners reduced their effort either by adjustments of output per shift, or by changes in their attendance...
Persistent link: https://www.econbiz.de/10014161809
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Before Careers: Experiences of Wage Growth among Late Nineteenth-Century Swedish Cigar Workers
Stanfors, Maria; Burnette, Joyce - Ekonomisk-historiska Institutionen, Ekonomihögskolan - 2012
This article uses a new and detailed survey of cigar-making employers and employees to investigate male and female wage growth in the late nineteenth century. Swedish cigar workers in 1898 did not have careers like workers today do; instead, labor markets were more flexible, and workers were not...
Persistent link: https://www.econbiz.de/10010818769
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Centralized Monitoring, Resistance, and Reform Outcomes: Evidence from School Inspections in Prussia
Schueler, Ruth - 2016
During the Kulturkampf at the end of the nineteenth century, Prussian authorities introducedcentralized inspections to improve school outcomes in particular in Catholic regions. Tomeasure the effect of the reform, I combine unique data on school inspectors with Prussiancounty-level data. I apply...
Persistent link: https://www.econbiz.de/10011586864