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Abeler, Johannes; Nosenzo, Daniele; Raymond, Collin - 2019 - Original version: September 2016, this version: March 2019

Private information is at the heart of many economic activities. For decades, economists have assumed that individuals are willing to misreport private information if this maximizes their material payoff. We combine data from 90 experimental studies in economics, psychology and sociology, and...

Persistent link: https://www.econbiz.de/10011990345

Employer’s moral hazard and wage rigidity

albanese, marina; navarra, cecilia; Tortia, Ermanno - Volkswirtschaftliche Fakultät, … - 2013

The standard explanation of wage rigidity in principal agent and in efficiency wage models is related to worker risk-aversion. However, these explanations do not consider at least two important classes of empirical evidence: (1) In worker cooperatives workers appear to behave in a less risk...

Persistent link: https://www.econbiz.de/10011260540

Heterogeneous Social Preferences, Screening, and Employment Contracts

von Siemens, Ferdinand - 2011

This paper studies a monopsonistic firm's optimal employment contracts if workers have private information on both their propensity for social comparisons and their ability. Employees of the firm are taken to form their own distinct reference group. It is shown that screening workers with equal...

Persistent link: https://www.econbiz.de/10014195101

Incentive Schemes, Private Information and the Double-Edged Role of Competition for Agents

Bannier, Christina E.; Feess, Eberhard; Packham, Natalie; … - 2016

This paper examines the effect of imperfect labor market competition on the efficiency of compensation schemes in a setting with moral hazard and risk-averse agents, who have private information on their productivity. Two vertically differentiated firms compete for agents by offering contracts...

Persistent link: https://www.econbiz.de/10014162185

Job search, human capital and wage inequality

Carrillo-Tudela, Carlos - 2012

implied by the model I show that wage inequality among low skilled workers is mostly driven by differ- ences in their …

Persistent link: https://www.econbiz.de/10010331222

Why Do Russian Firms Use Fixed-Term and Agency Work Contracts?

Smirnykh, Larisa; Wörgötter, Andreas - 2013

and agency work contracts increases the turnover on the labour market and contributes to an increase in dualisation, but …

Persistent link: https://www.econbiz.de/10010331420

The effects of international migration on native workers' unionization in Austria

Antón Pérez, José Ignacio; Böheim, René; … - 2016

workers is driven not by natives leaving unions, but by the different composition of turnover depending on the share of …

Persistent link: https://www.econbiz.de/10011628428

The Effects of International Migration on Native Workers' Unionisation in Austria

Antón, José-Ignacio; Böheim, René; Winter-Ebmer, Rudolf - 2016

workers is driven not by natives leaving unions, but by the different composition of turnover depending on the share of …

Persistent link: https://www.econbiz.de/10011653174

Working Time Accounts and Turnover

Launov, Andrey - 2017

literature suggests that working time accounts reduce turnover and inhibit increase in unemployment during recessions. In a model … of optimal choice of hours by a firm I show that working time account does not necessarily guarantee lower turnover …. Turnover may be reduced or increased depending on whether a firm meets economic downturn with surplus or deficit of hours and …

Persistent link: https://www.econbiz.de/10011653388

The effects of international migration on native workers' unionization in Austria

Antón, José-Ignacio; Böheim, René; Winter-Ebmer, Rudolf - 2016

workers is driven not by natives leaving unions, but by the different composition of turnover depending on the share of …

Persistent link: https://www.econbiz.de/10011663279