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Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in … the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their … performance pay jobs as an adjustment mechanism and that performance pay moderates their wages. Using German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10014342988
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in … the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their … performance pay jobs as an adjustment mechanism and that performance pay moderates their wages. Using German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10014368278
We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Career wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital...
Persistent link: https://www.econbiz.de/10010254832
firms to pay differentially high wages. We estimate individual worker hold-up power by occupation using the effect of worker … permanent firm productivity innovations to wages, supporting the main model predictions. Accounting for heterogeneity in hold …) hold-up power decreases the responsiveness of wages to labor market slack …
Persistent link: https://www.econbiz.de/10013295449
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The …
Persistent link: https://www.econbiz.de/10009738766
lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest …
Persistent link: https://www.econbiz.de/10010224589
principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
Persistent link: https://www.econbiz.de/10014193438
principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
Persistent link: https://www.econbiz.de/10003974544
increasing the employment rate, especially among women. However, part-time work comes at a cost of lower wages for workers …
Persistent link: https://www.econbiz.de/10011449398
This study quantitatively assesses two alternative explanations for inter-industry wage differentials: worker heterogeneity in the formof unobserved quality and firmheterogeneity in the form of a firm's willingness to pay (WTP) for workers' productive attributes. We develop an empirical hedonic...
Persistent link: https://www.econbiz.de/10012174886