We document the importance of negatively reciprocal inclinations in labor relationships by showingthat a retrenchment of pension rights, which is perceived as unfair, causes a larger reduction injob motivation the stronger workers’ negatively reciprocal inclinations are. We exploit...

The paper analyses the impact of working time (reduction) on wages and unemployment. Using a union bargaining framework, I show that working time reduction leads to wage moderation in terms of annual remuneration. This result is independent of the bargaining regime, as it holds for the...

In dit rapport wordt een economische inschatting gepresenteerd van de ontwikkeling van de kosten van beroepsziekten en arbeidsongevallen in Nederland, voor zo ver deze tot uiting komen in de schadelast van verzekeraars uit hoofde van aansprakelijkheidsverzekeringen van werkgevers....

As suggested by human capital theory, workers with flexible contracts participate less often intraining than those with permanent contracts. We find that this is merely due to the fact thatflexworkers receive less employer–funded training, a gap they can only partly compensate for bytheir own...

Even though overtime is a widely observed phenomenon, this paper argues against the view of overtime as a structural cost minimizing labour demand solution. A large part of the observed overtime can be explained by the volatility of demand and absenteeism.The paper''s main contribution is to...

This paper shows that investment inhuman capital may be another reason for incentive wages in addition to "retain, recruit and motivate". It is shown under which circumstances firms pay wages in excess of the market clearing level in order to induce workers to invest. Investment in human capital...

This study investigates the extent and speed of dynamic adjustment of labour supply to changes in labour demand, government policies and autonomous trends. We estimate error-correction models (ECMs) for male and female participation rates in the Netherlands between 1969 and 2004. The results...

The focus of this paper is on rent distribution under different labour market regimes. When workers determine human capital investment and wages freely, while the firm sets labour demand, the rent created is shared. Investment in human capital is then inefficiently low. When there are unemployed...

This study develops a new bias-corrected estimator for the fixed-effects dynamic panel data model and derives its limiting distribution for fixed T and N large. The bias-corrected estimator is derived as a bias correction of the least-squares dummy variable (within) estimator. It does not share...

This paper uses a natural experiment approach to identify the effects of an exogenous change in future pension benefits on workers'' training participation. We use unique matched survey and administrative data for male employees in the Dutch public sector who were born in 1949 or 1950. Only the...