intangible capital and from firm-specific advantages. Lower profits and the union tax on asset returns leads to reduced …

We propose a simple test that uses information on workers' mobility, wages and firms' profits to identify the sign and … types and firm profits to rank firms. We use a panel data set that combines social security earnings records for workers in …

significantly and positively related to firms' profits-per-employee even when controlling for group effects in the residuals …, individual and firms' characteristics, industry wage differentials and endogeneity of profits. Wage-profit elasticity is found to … percent of this gap can be explained by the wage-profits profile and by the fact that women are more likely to be employed in …

exploitation to occur, we find that agent compliance is significantly lower for exploitative principals who use high … from them. To corroborate our interpretation of the results we show that a surveyed "exploitation aversion" scale moderates … this effect. Exploitation averse participants are less likely to comply with the incentives than exploitation tolerant …

Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … distinctions that common usage of the term exploitation allows. I resolve this conflict by introducing a welfare function with …