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作者：VELLA, F
摘要：This article argues that the negative relationship between weekly hours worked and the gross hourly wage rate is due to the provision of fringe benefits. As the total weekly wage increases, employers and employees avoid taxation by substituting wages with nontaxable, nonwage benefits. I produce a wage that incorporates the benefit effects and estimate the corresponding labor-supply elasticities. An estimator is presented for the wage/hours market locus and the structural labor-supply function....
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作者：MAIN, BGM; OREILLY, CA; WADE, J
作者单位：Stanford University; University of California System; University of California Berkeley; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Tournament mechanisms suggest the need for ever larger rewards to motivate those at the highest organizational levels. But arguments for the efficiency of executive pay compression have also been made. This study reports the results of an empirical investigation of executive compensation using over two-hundred firms and in excess of two thousand executives per year over a 5-year period. Results are consistent with the operation of tournaments but fail to find support for the empirical importan...
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作者：DAVIDSON, C; WOODBURY, SA
作者单位：W.E. Upjohn Institute for Employment Research
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作者：WEISS, Y; WILLIS, RJ
作者单位：University of Chicago
摘要：We analyze divorce settlements made by a cohort of whites who graduated from high school in 1972. The effects of spouses' incomes on the divorce transfer are estimated and used to simulate the welfare effects of divorce on husbands, wives, and children under alternative assumptions about marriage contracts and the ability of a couple to continue coordinating resources in the aftermath of divorce. We find a positive (negative) relationship between divorce transfers and the growth of husband's (...
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作者：KAHN, LM
摘要：Using union contract and industry wage survey data, this article examines the effect of discounting on cooperative bargaining behavior by unions and firms. Game theory predicts that higher discount rates raise the temptation to defect from cooperation. Measures of cooperative behavior included the presence of merit pay, incentive pay, wage-employment guarantees, or labor-management study committees. Discount rates were proxied by the relevant industry's failure rate. Failure rates generally ha...
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作者：LEVINE, DI
摘要：This article utilizes a rich data set on workers and their employers in the United States and Japan to test several predictions of human capital theory. The data set incorporates both prospective and retrospective measures of turnover, includes multiple measures of training, and provides a basis for calculating plant-specific returns to tenure. Contrary to human capital theory, there is no evidence that establishments with high levels of training have either high returns to tenure or low level...
