The tournament model has the feature that executive compensation depends on the wages paid to workers at lower levels of the corporate hierarchy. The agency model shows that compensation based on firm performance is a means by which incentives can be provided to executives once a promotion...

The authors use a proportional hazards framework to investigate the impact of various country characteristics on the duration of time taken to ratify the United Nations Framework Convention on Climate Change (FCCC). The most significant findings are that the conditional probability of...

The growth of casual employment in Australia is sometimes viewed with concern. Such "non-standard" forms of employment are often associated with intermittent labour force attachment, under-employment and low income. In this paper, we use data from the Australian Youth Survey to analyze the...

Deindustrialisation, stagnant real incomes of production workers and increasing inequality are latter-day features of many economies. It’s common to assume that such developments pressure policy-makers to relax environmental standards. However, when heavily polluting industries become less...

There has been no shortage of theories which purport to explain why globalisation may have, adverse, insignificant or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use data on industrial wage...

For a number of OECD countries, the deterioration of labour market outcomes for less-skilled workers since the early 1980’s has coincided with a steady decline in union membership. Globalisation is commonly believed to have contributed to both developments. However, recent studies fail to find...

This paper investigates the effects of international trade policy on wages in U.S. manufacturing industries in 1983. The data set combines micro labor market data with comprehensive data on tariffs and nontariff trade barriers such as quotas and antidumping duties. The authors find that workers...