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Jones, Melanie K.; Sloane, Peter J. - 2009

This paper integrates two strands of literature on overskilling and disability using the 2004 British Workplace Employment Relations Survey (WERS). It finds that the disabled are significantly more likely to be mismatched in the labour market, to suffer from a pay penalty and to have lower job...

Persistent link: https://www.econbiz.de/10010269604

Wages and seniority when coworkers matter: estimating a joint production economy using Norwegian administrative data

Ferrall, Christopher; Salvanes, Kjell G.; Sørensen, … - 2009

through a task-assignment model, and wages are determined through multilateral bargaining over the surplus that accrues to the … workforce. Seniority affects wages through workplace output and relative bargaining power. These channels are separately … important. Seniority affects bargaining power but is unproductive. We reinterpret gender and firm-size effects in wages in light …

Persistent link: https://www.econbiz.de/10010269360

Wages and seniority when coworkers matter: Estimating a joint production economy using Norwegian administrative data

Ferrall, Christopher; Salvanes, Kjell G.; Sørensen, … - 2009

through a task-assignment model, and wages are determined through multi-lateral bargaining over the surplus that accrues to … the workforce. Seniority affects wages through workplace output and relative bargaining power. These channels are … production is important. Seniority affects bargaining power but is unproductive. We reinterpret gender and firm-size effects in …

Persistent link: https://www.econbiz.de/10010290421

Matching frictions, efficiency wages, and unemployment in the USA and the UK

Malcomson, James M.; Mavroeidis, Sophocles - 2007

This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...

Persistent link: https://www.econbiz.de/10010318955

Wage Setting in Modern Labor Markets: Neither Fair Nor Efficient

Schlicht, Ekkehart - 2011

The increasing wage inequality in many countries is usually seen as brought about by economic forces that drive for economic efficiency within a changing technological and social environment. Ethical evaluations of these developments diverge, yet the view that free labor markets drive to...

Persistent link: https://www.econbiz.de/10010331414

Institutions and Contract Enforcement

Falk, Armin; Huffman, David; Macleod, W. Bentley - 2011

We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...

Persistent link: https://www.econbiz.de/10010333911

Der Bruch der Theorie in der Praxis durch Not. Bemerkungen zu Lujo Brentanos Sicht von Arbeitsmarktproblemen

Schlicht, Ekkehart - 2005

Some Remarks on Lujo Brentano's View of Labor Market Problems Lujo Brentano (1844-1931) aimed for "realism" in economics. Regarding labor market theory, two topics are of particular interest: His investigations on "Hours and Wages in Relation to Production" (Scribner's 1894) and his analysis "On...

Persistent link: https://www.econbiz.de/10010427431

Lohnbildung in modernen Arbeitsmärkten: Weder gerecht noch effizient

Schlicht, Ekkehart - 2010

In der Öffentlichkeit wird oft die These vertreten, daß die zunehmende Ungleichheit der Lohneinkommen ökonomisch geboten, wenn auch gesellschaftspolitisch bedenklich sei. In diesem Beitrag wird gezeigt, daß die Lohnbildung in modernen Arbeitsmärkten nicht dem Prinzip der kompensierenden...

Persistent link: https://www.econbiz.de/10010427584

Employment cyclicality by firm size, wage, and productivity in Brazil

Cravo, Túlio; Jacinto, Paulo de Andrade; Schimanski, … - 2018

The important debate about how economic fluctuations affect employment reallocation in heterogeneous businesses is currently open in the literature. This debate is relevant as it matters for the understanding of the labor market dynamics, and for devising labor policies that aim at dampening...

Persistent link: https://www.econbiz.de/10012141924

Using the P90/P10 Index to Measure US Inequality Trends with Current Population Survey Data: A View from Inside the Census Bureau Vaults

Burkhauser, Richard V.; Feng, Shuaizhang; Jenkins, … - 2007

earnings and income inequality in the USA. Time-inconsistency problems related to top coding in theses data have led many … public use data, closely track inequality trends in labor earnings and household income using internal data. But estimates of …

Persistent link: https://www.econbiz.de/10010260926