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It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted...
Persistent link: https://www.econbiz.de/10010282490
Using three waves of a uniquely rich survey on Italian private firms, we explore the impact of female managers on the use of part-time work. Building on a literature arguing that female leaders are more sensitive to their employees' needs and more self-transcendent than their male counterparts,...
Persistent link: https://www.econbiz.de/10012980276
In this paper we study the evolution of the Italian wage inequality, and of its determinants, using two decades of matched employer-employee data covering the entire population of private-sector workers and firms in the Veneto region. We find that wage inequality has increased since the...
Persistent link: https://www.econbiz.de/10012980306
When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...
Persistent link: https://www.econbiz.de/10013140998
It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted...
Persistent link: https://www.econbiz.de/10013118528
Persistent link: https://www.econbiz.de/10014364712
"When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...
Persistent link: https://www.econbiz.de/10003991113
Persistent link: https://www.econbiz.de/10009380707