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作者:Cunat, Vicente; Guadalupe, Maria
作者单位:University of London; London Business School; Columbia University
摘要:This article studies the effect of changes in foreign competition on the structure of compensation and incentives of U. S. executives. We find that import penetration (instrumented with exchange rates and tariffs) leads to more incentive provision in a variety of ways. First, it increases the sensitivity of pay to performance. Second, it increases within-firm pay differentials between executive levels, with CEOs typically experiencing the largest wage increases. Finally, higher foreign competi...
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作者:Martins, Pedro S.
作者单位:University of London; Queen Mary University London; Universidade de Lisboa; IZA Institute Labor Economics
摘要:This article presents evidence about the effects of dismissals-for-cause requirements, a specific component of employment protection legislation that has received little attention. I study a quasi-experiment generated by a law introduced in Portugal: out of the 12 paragraphs in the law that dictated the costly procedure required for dismissals for cause, eight did not apply to small firms. Using matched employer-employee longitudinal data and difference-in-differences methods, I examine the im...
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作者:Damm, Anna Piil
作者单位:Aarhus University
摘要:I examine the effects of the ethnic enclave size on labor market outcomes of immigrants. I account for ability sorting into enclaves by exploiting a Danish spatial dispersal policy under which refugees were randomly dispersed across locations. First, I find strong evidence that refugees with unfavorable unobserved characteristics self-select into ethnic enclaves. Second, a relative standard deviation increase in the ethnic enclave size increases annual earnings by 18% on average, irrespective ...
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作者:Card, David; McCall, Brian P.
作者单位:University of California System; University of California Berkeley; University of Michigan System; University of Michigan
摘要:Contrary to the original intention of no-fault workers' compensation laws, employers deny liability for a substantial fraction of on-the-job injuries. We develop and estimate a simple structural model that explains the high rate of litigation as a consequence of asymmetric information. We estimate the model using data for a large sample of back injuries in Minnesota. Simulations under the counterfactual assumption that all denied workers pursue their claims suggest that the strategic incentive...
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作者:Jackson, C. Kirabo
作者单位:Cornell University
摘要:The reshuffling of students due to the end of student busing in Charlotte-Mecklenburg provides a unique opportunity to investigate the relationship between changes in student attributes and changes in teacher quality that are not confounded with changes in school or neighborhood characteristics. Comparisons of ordinary least squares and instrumental variable results suggest that spatial correlation between teachers' residences, students' residences, and schools could lead to spurious correlati...