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characteristics but at different firms to earn different wages, may alleviate the hold-up problem in firm-specific investment, can …
Persistent link: https://www.econbiz.de/10011337969
, the share of performance-pay varies more with respect to talent in finance. These findings are supportive of finance wages …
Persistent link: https://www.econbiz.de/10012905021
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10013324993
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals … starting wages. This initial effect turns out to be quite persistent and even though wages do catch up later on, large effects … aggregate level are key to explain wages' adjustment process in the longer run. …
Persistent link: https://www.econbiz.de/10011343912
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10011344863
passthrough from firms' shocks to wages varies across narrow population groups. We find an elasticity of workers' hourly wages to … an increase of $1,100 US dollars in annual wages for the average worker in Denmark. This result also implies labor supply … elasticities of around 5.6. We also find that both persistent and transitory shocks to firms are passed on to wages and that there …
Persistent link: https://www.econbiz.de/10012841536
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals … starting wages. This initial effect turns out to be quite persistent and even though wages do catch up later on, large effects … aggregate level are key to explain wages' adjustment process in the longer run …
Persistent link: https://www.econbiz.de/10014200195
Different countries display different patterns in labor mobility, promotion, earning distribution, and provision of firm-sponsored training. Although economists have developed many building-block models that allow them to analyze subsets of those labor market characteristics, few models predict...
Persistent link: https://www.econbiz.de/10014110221
The purpose of this paper is to ascertain how wages are being determined in China during the reform period. The paper …
Persistent link: https://www.econbiz.de/10014144742
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10013135184