We analyse the effects of wage uncertainty on the labour supply of self-employed workers, using PSID data on self-employed American males. The standard deviation of past wages, as a measure of wage uncertainty, is the key determinant of male self-employed labour supply, with a significant...

"Der Beitrag zeigt, wie eine ökonomische Theorie der Fehlzeiten entwickelt werden könnte. Zunächst werden Fehlzeiten als Phänomen des Arbeitsangebots behandelt. Erörtert werden dabei die Struktur des Arbeitskräftepools, aus dem die Betriebe ihre Beschäftigten rekrutieren, die Gestaltung...

This paper shows how internationally and intertemporally consistent information on sickness absence can be constructed from Labour Force Surveys, and describes some important features of data that we have generated using the Luxembourg Employment Study. We also analyse sickness absence rates by...

"Der Beitrag zeigt, wie eine ökonomische Theorie der Fehlzeiten entwickelt werden könnte. Zunächst werden Fehlzeiten als Phänomen des Arbeitsangebots behandelt. Erörtert werden dabei die Struktur des Arbeitskräftepools, aus dem die Betriebe ihre Beschäftigten rekrutieren, die Gestaltung...

Previous attempts to analyse international differences in patterns of worker absenteeism have not been convincing because of the difficulty in obtaining internationally comparable data. In this paper, we apply the technique described by Barmby, Ercolani and Treble(1999) to data on full-time...

We assess the impact of compensation based incentives together with monitoring mechanisms on investment related agency costs. The results indicate that well structured compensation based incentives significantly reduce agency costs. Managerial firm based wealth delta has a significant, negative...

This study analyses the effect of firm characteristics and governance mechanisms on cash holdings for a sample of UK SMEs. The results show that UK SMEs with greater cash flow volatility and institutional investors hold more cash; whereas levered and dividend paying SMEs with non-executive...