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Labor market competition and the assimilation of immigrants
Albert, Christoph; Glitz, Albrecht; Llull, Joan - 2021
that this labor market competition channel can explain about one quarter of the large increase in the average immigrant …-native wage gap in the United States between the 1960s and 1990s arrival cohorts. Once competition effects and compositional …
Persistent link: https://www.econbiz.de/10012602108
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Labor market competition and the assimilation of immigrants
Albert, Christoph; Glitz, Albrecht; Llull, Joan - 2021
that this labor market competition channel can explain about one quarter of the large increase in the average immigrant …-native wage gap in the United States between the 1960s and 1990s arrival cohorts. Once competition effects and compositional …
Persistent link: https://www.econbiz.de/10012603991
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Product Market Competition, Profit Sharing and Equilibrium Unemployment
Koskela, Erkki; Stenbacka, Rune - 2021
of the trade union. Intensified product market competition decreases profit sharing, but increases the negotiated base …We investigate the implications of product market imperfections on profit sharing, wage negotiation and equilibrium … unemployment. The optimal profit share, which the firms use as a wage-moderating commitment device, is below the bargaining power …
Persistent link: https://www.econbiz.de/10013318123
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Wage compression within the firm
Leonardi, Marco; Pellizzari, Michele; Tabasso, Domenico - 2015
We study the distributional effect of a wage indexation mechanism - the Scala Mobile (SM) - that heavily compressed the distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the distribution and was essentially irrelevant for...
Persistent link: https://www.econbiz.de/10011308424
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
weight to individual-based performance pay, a medium weight to group-based performance pay and a low weight to profit sharing … outperform group-based performance pay or profit sharing. The finding also holds when accounting for possible interactions among …
Persistent link: https://www.econbiz.de/10014310847
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
weight to individual-based performance pay, a medium weight to group-based performance pay and a low weight to profit sharing … outperform group-based performance pay or profit sharing. The finding also holds when accounting for possible interactions among …
Persistent link: https://www.econbiz.de/10014306872
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Self-selection and the efficiency of tournaments
Eriksson, Tor (contributor); Teyssier, Sabrina (contributor) - 2006
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10003283430
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Preemptive behavior in sequential tournaments
Jost, Peter-J.; Kräkel, Matthias - 2000
Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequentially. We show that agents' strategic behavior significantly differs in sequential tournaments compared to simultaneous tournaments. In a sequential tournament, under certain conditions the...
Persistent link: https://www.econbiz.de/10011335241
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U-type versus J-type tournaments as alternative solutions to the unverifiability problem
Kräkel, Matthias - 2002
the unverifiability problem of labor contracts. Under a zero-profit condition, both tournament types will yield first …
Persistent link: https://www.econbiz.de/10011539888
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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 … high degrees of vertical differentiation, i.e. low competition, low-ability agents are under-incentivized and exert too … little effort. For high degrees of competition, high-ability agents are over-incentivized and bear too much risk. For a range …
Persistent link: https://www.econbiz.de/10011498942