Similar Search Results

Goerke, Laszlo - 2012

Traditionally, it has been argued that profit sharing can increase employment and welfare because it lowers marginal labour costs without reducing total cost or labour income. In this paper, we show that profit sharing can also represent a Pareto-improvement if labour supply is excessive due to...

Persistent link: https://www.econbiz.de/10009655171

The willingness to pay for job amenities : evidence from mothers' return to work

Felfe, Christina - 2009

This study is the first to estimate mother's marginal willingness to pay (MWP) for job amenities directly. Its identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can decide whether and when to return to their guaranteed...

Persistent link: https://www.econbiz.de/10003872318

Training, job security and incentive wages

Katsimē, Margarita - 2003

This paper considers the optimal level of firm-specific training by taking into account the positive effect of training on the expected duration of workers current employment. In the framework of an efficiency wage model, a short expected job tenure represents a disamenity that reduces the...

Persistent link: https://www.econbiz.de/10011507950

Setting incentives : temporary performance premiums versus promotion tournaments

Meier, Volker - 2001

given sum of salaries. While the promotion regime guarantees that any salary increase is permanent, the premium system … allows a reduction in the income of an agent to the base salary after one period. It is shown that the optimum promotion … tournament system induces a higher total output than the optimum premium system. This result occurs because a promotion regime …

Persistent link: https://www.econbiz.de/10011398044

CEO compensation

Frydman, Carola; Jenter, Dirk - 2010

This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...

Persistent link: https://www.econbiz.de/10008797772

The sources of the union wage gap : the role of worker, firm, match, and jobtitle heterogeneity

Addison, John T.; Portugal, Pedro; Vilares, Hugo - 2018

generous promotion policies. For its part, unobserved worker quality plays only a very weak role, while there is even less …

Persistent link: https://www.econbiz.de/10011941280

Optimal taxation in search equilibrium with home production

Engström, Per; Holmlund, Bertil; Kolm, Ann-Sofie - 2001

The paper develops a two-sector general equilibrium search model where 'goods' are produced exclusively in the market and 'services' are produced both in the market and within the households. We use the model to examine how unemployment and welfare are affected by labor taxes in general and...

Persistent link: https://www.econbiz.de/10011408425

Occupational match quality and gender over two cohorts

Addison, John T.; Liwen, Chen; Ozturk, Orgul Demet - 2018

Using a multi-dimensional measure of occupational mismatch, we report distinct gender differences in match quality and changes in match quality over the course of careers. A substantial portion of the gender wage gap stems from match quality differences among more educated individuals....

Persistent link: https://www.econbiz.de/10011931469

Inequality in the impact of the Coronavirus shock : evidence from real time surveys

Adams, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher - 2020

We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...

Persistent link: https://www.econbiz.de/10012211549

How does working-time flexibility affect workers' productivity in a routine job? : evidence from a field experiment

Boltz, Marie; Cockx, Bart; Diaz Escobar, Ana Maria; … - 2020

We conducted an experiment in which we hired workers under different types of contracts to evaluate how flexible working time affects on-the-job productivity in a routine job. Our approach breaks down the global impact on productivity into sorting and behavioral effects. We find that all forms...

Persistent link: https://www.econbiz.de/10012307449