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作者:Hirsch, BT; Schumacher, EJ
作者单位:Trinity University; IZA Institute Labor Economics
摘要:About 30% of workers in the Current Population Survey have earnings imputed. Wage gap estimates are biased toward zero when the attribute being studied (e. g., union status) is not a criterion used to match donors to nonrespondents. An expression for match bias is derived in which attenuation equals the sum of match error rates. Attenuation can be approximated by the proportion with imputed earnings. Union wage gap estimates with match bias removed are presented for 1973-2001. Estimates for re...
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作者:Mengistae, T; Xu, LXC
作者单位:The World Bank; Peking University
摘要:This article examines the extent to which agency theory may explain chief executive officer (CEO) compensation in Chinese state-owned enterprises during the 1980s. We find support for the agency theory: CEO pay sensitivity decreases with the variance of performance. Moreover, the performance sensitivity of CEO pay increases with the marginal return to executive action. While the elasticity of pay to sales is slightly smaller than that found for conventional firms in the West generally, our est...
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作者:Budd, JW; Slaughter, MJ
作者单位:Dartmouth College; University of Minnesota System; University of Minnesota Twin Cities; National Bureau of Economic Research
摘要:The large literature on labor-market rent sharing consists of closed economy analyses. In this article we examine whether profits are shared across borders and also conditioned by international linkages that help shape economic openness. In a sample of 1,014 Canadian manufacturing union contracts from 1980 through 1992, we find that U. S. industry profitability affects Canadian wage outcomes and that the pattern of rent sharing varies significantly across international linkages, including mult...
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作者:Maurin, E; Thesmar, D
作者单位:Institut Polytechnique de Paris; ENSAE Paris; Centre for Economic Policy Research - UK; Institut Polytechnique de Paris; ENSAE Paris
摘要:We analyze recent changes in the occupational structure of French manufacturing firms. Firms employ a greater proportion of engineers working on the design and marketing of new products and a lower proportion of high-skill experts working in administration-related activities. Firms have also reduced the share of production-related activities at both the levels of high-skill and low-skill workers. We develop a labor demand model that shows the role played by technological change. New technologi...
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作者:Kugler, AD
作者单位:University of Houston System; University of Houston; Pompeu Fabra University; Centre for Economic Policy Research - UK; Universite de Reims Champagne-Ardenne; Universite de Toulouse
摘要:This article provides theoretical and empirical analyses of a firing costs model with adverse selection. Our theory suggests that, as firing costs increase, firms increasingly prefer hiring employed workers, who are less likely to be lemons. Estimates of re-employment probabilities from the National Longitudinal Survey of Youth support this prediction. Unjust-dismissal provisions in U. S. states reduce the re-employment probabilities of unemployed workers relative to employed workers. Consiste...
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作者:Manacorda, M
作者单位:University of London; Queen Mary University London; University of London; London School Economics & Political Science
摘要:This article uses Survey of Households' Income and Wealth microdata to investigate the role the Scala Mobile played in the initial fall and subsequent rise in earnings inequality in Italy between 1977 and 1993. The Scala Mobile was a wage indexation mechanism granting the same absolute wage increase to all employees as prices rose, thereby potentially compressing wage differentials. Over time, the potential equalizing effect of this mechanism fell. This article argues that the rise in inequali...
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作者:Charness, G
作者单位:University of California System; University of California Santa Barbara
摘要:The gift-exchange game has established that, in the laboratory, higher wages offered by an employer lead to considerably more costly effort provision. However, it is unclear whether this behavior reflects reciprocity or other forms of social preferences. This article tests whether attribution of volition in choosing a wage has a significant effect on subsequent costly effort provision. Treatments varied whether wages were chosen by the employer or by an external process. We see that both distr...