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The evidence that earnings rise with firm size and that human capital affects earnings based on labour market data are … role of size and human capital as determinants of either earnings or productivity has been the role of unobserved factors …. In this paper we investigate the roles of size and human capital in determining both earnings and productivity using a …
Persistent link: https://www.econbiz.de/10011152493
The paper estimates cross-province growth regressions for China over the period of economic reform.  It first addresses … General-to-Specific approach, to consider a wide range of candidate predictors of growth in China.  The first-stage model … question: why has China, as a whole, and indeed all its provinces, grown so fast? …
Persistent link: https://www.econbiz.de/10005047864
We present a model of cash constrained entrepreneurs who need an investor to finance their project. Investors can either be uninformed, such as individual bondholders, or informed, such as venture capitalists and banks. There is an entrepreneurial moral hazard problem, which can be partially...
Persistent link: https://www.econbiz.de/10010661398
on-the-job turnover. Privately optimal contracts have a rising wage-tenure profile, even when productivity is constant … efficient matching of workers to jobs. Contracts with a rising wage-tenure profile can be interpreted as a form of monopsonistic …
Persistent link: https://www.econbiz.de/10010605076
a lower bound for performance and increasing pay with performance, they increase compensation at a rapidly decreasing …
Persistent link: https://www.econbiz.de/10011004162
firm size and earnings. To establish that such a question is of interest we need to show that the firm size-wage effect …
Persistent link: https://www.econbiz.de/10011152492
sector wage setting and trade unions, in determining earnings differences across different types of employment. To do this we … use the KwaZulu-Natal Income Dynamics Study data from South Africa, which show extremely large average earnings … the earnings differentials within the private sector, including the union premium, but cannot explain the large premiums …
Persistent link: https://www.econbiz.de/10011004398
British regions display persistent differences in both earnings and unemployment rates. A number of studies have found … convergence. This paper discusses the determination of regional earnings and unemployment in the ten regions of Great Britain … manual men. For unemployment, we confirm the important positive effect of lagged earnings on unemployment. …
Persistent link: https://www.econbiz.de/10011133047
The Welsh economy has undergone rapid structural change in recent years. This paper uses data from the New Earnings … Survey to examine how earnings in Wales changed relative to those of Great Britain between 1975 and 1994. There are five main … findings. First, earnings of workers in Wales have declined relative to those in Great Britain. Second, the shift away from …
Persistent link: https://www.econbiz.de/10010605171
The Welsh economy has undergone rapid structural change in recent years. This paper uses data from the New Earnings … Survey to examine how earnings in Wales changed relative to those of Great Britain between 1975 and 1994. There are five main … findings. First, earnings of workers in Wales have declined relative to those in Great Britain. Second, the shift away from …
Persistent link: https://www.econbiz.de/10004977864