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The sociology of groups and the economics of incentives: theory and evidence on compensation systems

Encinosa, William E.; Gaynor, Martin; Rebitzer, James B. - 2005

When working together, people engage in non-contractual and informal interactions that constitute the sociology of the group. We use behavioral models and a unique survey of medical groups to analyze how group sociology influences physician incentive pay and behavior. We conclude that informal...

Persistent link: https://www.econbiz.de/10010267317

Occupational mismatch and moonlighting among Spanish physicians: do couples matter?

Dolado, Juan José; Felgueroso, Florentino - 2008

physicians have lower participation rates than male physicians plus they are subject to higher occupational mismatch, and (ii …) moonlighting is more frequent among male physicians. In this paper we investigate whether such differences are related to the … university graduates, Spanish physicians are the ones most often coupled to partners with the same educational level and/or same …

Persistent link: https://www.econbiz.de/10010268616

The economics of credence goods: on the role of liability, verifiability, reputation and competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. …

Persistent link: https://www.econbiz.de/10010271236

Do unions promote members' electoral office holding? Evidence from correlates of state legislatures' occupational shares

Sojourner, Aaron J. - 2012

Controversies over the promise and perils of union political influence have erupted around the U.S. This study develops the first evidence on the degree to which labor unions develop members' political leadership in the broader community by studying the relationship between state legislators'...

Persistent link: https://www.econbiz.de/10010282299

The short- and long-run determinants of less-educated immigration into US states

Simpson, Nicole B.; Sparber, Chad - 2012

This paper uses a gravity model of migration to analyze how income differentials affect the flow of immigrants into U.S. states using annual data from the American Community Survey. We add to existing literature by decomposing income differentials into short- and long-term components and by...

Persistent link: https://www.econbiz.de/10010286878

The labor demand was downward sloping: Disentangling migrants' inflows and outflows, 1929 - 1957

Biavaschi, Costanza - 2012

This paper studies in- and out-migration from the U.S. during the first half of the twentieth century and assesses how these flows affected state-level labor markets. It shows that out-migration positively impacted the wages of remaining workers, while in-migration had a negative impact. Hence,...

Persistent link: https://www.econbiz.de/10010291315

Why should state government invest in college education? An equilibrium approach for the US in 2000

Shields, Michael P. - 2008

This paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits studies are the external benefits of college education on the earnings of both college graduates and those who have not graduated from college. In completing a college education...

Persistent link: https://www.econbiz.de/10010268729

Risk sharing and commuting among US federal states

Jüßen, Falko - 2008

Financial markets provide imperfect insurance of labor income risk. However, workers can partly insure against labor market risk by commuting to adjacent regions. Since commuters own wage claims to output produced in adjacent regions, the business cycle in the neighborhood becomes a relevant...

Persistent link: https://www.econbiz.de/10010268779

Marriage, divorce and interstate risk sharing

Halla, Martin; Scharler, Johann - 2008

In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, marriages do not just improve the allocation of risk at the...

Persistent link: https://www.econbiz.de/10010269010

Downloading wisdom from online crowds

Saiz, Albert; Simonsohn, Uri - 2008

The internet and other large textual databases contain billions of documents: is there useful information in the number of documents written about different topics? We propose, based on the premise that the occurrence of a phenomenon increases the likelihood that people write about it, that the...

Persistent link: https://www.econbiz.de/10010269084