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The Allocation of Merit Pay in Academia: A Case Study

Christensen, Finn; Manley, James; Laurence, Louise - In: Economics Bulletin 31 (2011) 2, pp. 1548-1562

This paper investigates whether the widespread awarding of faculty merit pay at a large public university accurately reflects productivity. We show that pairwise voting on a quality standard by a committee can in theory be consistent with observed allocation patterns. However, the data indicate...

Persistent link: https://www.econbiz.de/10009643982

Wage Bargaining and the (Dynamic) Mincer Equation

Andini, Corrado - In: Economics Bulletin 29 (2009) 3, pp. 1842-1849

This paper shows that, if observed earnings are the result of employer-employee wage bargaining, under a set of specific assumptions, the standard static Mincer equation can be thought as a particular case of a dynamic wage equation. Particularly, we argue that the standard static Mincer...

Persistent link: https://www.econbiz.de/10008563035

The public sector pay premium, compensating differentials and unions: propensity score matching evidence from Australia, Canada, Great Britain and the United States

Gibson, John - In: Economics Bulletin 29 (2009) 3, pp. 2325-2332

Propensity score matching is used to estimate the size of the public sector pay premium in four countries. Three sets of matching covariates are used; worker characteristics only, then including job attributes and finally adding union membership. When worker characteristics and job attributes are...

Persistent link: https://www.econbiz.de/10008562831

Reexamining the Economics of Marital Infidelity

Potter, Joel - In: Economics Bulletin 31 (2011) 1, pp. 41-52

This study utilizes data from the National Youth Survey to reevaluate key conclusions made by Fair (1978). While Fair (1978) used data collected from mail-in surveys, the National Youth Survey was collected using standard probability techniques. This paper also extends Fair (1978), by including...

Persistent link: https://www.econbiz.de/10008784416

Individual and institutional determinants of the male female wage gap among U.S. economics faculty

Cherry, Todd L; Durden, Garey C.; Gaynor, Patricia E. - In: Economics Bulletin 31 (2011) 1, pp. 245-254

This paper provides new evidence on the male female wage gap in academia. Using unique data from the economics discipline, we estimate a human-capital based model to explore the nature of wage differentials among male and female economics professors. Results indicate the salary gap varies across...

Persistent link: https://www.econbiz.de/10008784673

Age-adjusted measures of earnings inequality in the United States, 1980-2010

Schirle, Tammy - In: Economics Bulletin 32 (2012) 3, pp. 2662-2669

I demonstrate a simple procedure for creating age-adjusted earnings distribution statistics, using US data and recentered influence function regression methods. As the baby boom generation has moved toward the latter part of their career, earnings distribution statistics for the working age...

Persistent link: https://www.econbiz.de/10011278514

Firm-Size and Inter-hierarchy Wage Dispersion in Shanghai

Mishra, Vinod; Smyth, Russell - In: Economics Bulletin 31 (2011) 3, pp. 2159-2166

For a sample of Shanghai firms, we find that while larger firms pay lower wages, managers in larger firms still receive … higher wages. There are two reasons for this result. The wage gap between managers and non-managers is positively correlated …

Persistent link: https://www.econbiz.de/10011278745

Firm Exporting and Employee Benefits: First Evidence from Vietnam Manufacturing SMEs

Vu, Huong; Lim, Steven; Holmes, Mark; Doan, Tinh - In: Economics Bulletin 33 (2013) 1, pp. 519-535

This study examines linkages between the export participation of firms and employee benefits in terms of wages and … participation by firms in Vietnam has a positive impact on wages when taking into account firm characteristics alone. However, the … negative effect on employment quality. Nevertheless, the impact of export participation on both wages and employment quality …

Persistent link: https://www.econbiz.de/10011278776

Weighted empirical likelihood-based inference for quantiles under stratified random sampling

Mehdi, Tahsin - In: Economics Bulletin 33 (2013) 3, pp. 2437-2442

on the population mean. We propose a weighted empirical likelihood approach as a method of inference for quantiles under …

Persistent link: https://www.econbiz.de/10010835741

Stock option compensation and equity values

Kalmi, Panu - In: Economics Bulletin 10 (2006) 2, pp. 1-8

I present a model where increasing employee participation in a stock option scheme leads to higher performance but with a cost to shareholders. I show that firms with higher market values per employee are more likely to have an option scheme and they offer stock options to a broader group of...

Persistent link: https://www.econbiz.de/10005416895