-
作者：Parent, D
作者单位：McGill University
摘要：Using data from the National Longitudinal Survey of Youth (1979-96) and the Panel Study of Income Dynamics (1981-91), I seek to determine whether there is any net positive return to tenure with the current employer once we control for industry-specific capital. Including total experience in the industry as an additional explanatory variable, I show that the return to seniority is markedly reduced using GLS while it virtually disappears using IV-GLS, at both the one-digit and three-digit levels...
-
作者：Hirsch, BT; Macpherson, DA
作者单位：Trinity University; State University System of Florida; Florida State University
摘要：Transformation of the airline labor market continues long after deregulation. Airline wages changed little immediately following deregulation, implying either the absence of regulatory rents or maintenance of product market power and union strength. Analysis for 1973-97, however, indicates that prior to recent gains, the relative earnings of air transport workers decreased markedly during the latter half of the 1980s and the early 1990s. Some of the earnings advantage of airline workers repres...
-
作者：Budd, JW; Na, IG
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：Using Current Population Survey data for 1983-93, this article analyzes whether there is a union membership wage premium among full-time, private sector employees covered by union contracts. Ordinary least squares estimates of the membership wage premium are 12%-14%, and allowing membership to be endogenous yields larger estimates. Differences in job tenure, unobservable characteristics, and measurement error cannot fully explain the estimated premium. Significant differences in this premium, ...
-
作者：Friedberg, RM
作者单位：Brown University; National Bureau of Economic Research
摘要：The national origin of an individual's human capital is a crucial determinant of its value. Education and labor market experience acquired abroad are significantly less valued than human capital obtained domestically. This difference can fully explain the earnings disadvantage of immigrants relative to comparable natives in Israel. Variation in the return to foreign schooling across origin countries may reflect differences in its quality and compatibility with the host labor market. The return...
-
作者：Belzil, C
作者单位：Concordia University - Canada
摘要：Using Danish firm (workplace) data on employment reallocation merged with individual records, the effects of job creation/destruction and worker reallocation on wages are estimated using fixed effects techniques. After controlling for business cycle fluctuations, job creation is found to increase male wages. The effect of net job creation seems present at all phases of the business cycle. Entry wages as well as wages of low tenure workers appear much more sensitive to idiosyncratic job creatio...
-
作者：Mehta, SR
作者单位：Purdue University System; Purdue University
摘要：A general equilibrium model of a dual economy is constructed with workers and managers and hierarchical production. Ability is continuous, and there is perfect competition in the product market. Higher quality of education is treated as a form of technical progress. An equilibrium wage profile is derived. Different kinds of technical and productivity changes yield different gainers and losers. Declines in the quality of education generally lead to an increase in inequality. Surprisingly, group...
-
作者：Olsen, TE; Torsvik, G
作者单位：University of Bergen
摘要：We analyze the link between workers' discretion and incentives in an organization that lasts for several periods. In a long-lasting affiliation, it is possible for the principal to learn and update her beliefs about essential characteristics associated with either the job or the agent. This learning possibility has an important effect on the link between workers' discretion and incentives.
-
作者：Oyer, P
作者单位：Northwestern University
摘要：Sales quotas are a fixture of sales compensation plans and are often associated with a significant discrete bonus. This article shows that, under certain assumptions about salesperson utility and the distribution of sales outcomes, the optimal compensation is a discrete bonus for meeting a sales quota. The results are similar when the assumption of agent risk neutrality is relaxed. The model has implications for many moral hazard problems where the agent has a liability limitation and job-spec...
-
作者：Bac, M
作者单位：Ihsan Dogramaci Bilkent University
摘要：Employment relationships are governed by short-term incomplete contracts and typically involve on-the-job screening and firm-specific training. This article studies a dynamic employment relationship with these features and identifies a potential conflict between the employer's twin objectives to screen and train the worker: when the training technology is quite productive, the employer may have to sacrifice from worker performance during the screening process. The article thus offers an explan...
-
作者：Lindbeck, A; Snower, DJ
作者单位：Stockholm University; University of London; Birkbeck University London
摘要：This article analyzes an important aspect of the contemporary reorganization of work within firms: the shift from Tayloristic organization (characterized by specialization by tasks) to holistic organization (featuring job rotation, integration of tasks, and learning across tasks). We examine four driving forces behind this restructuring process: advances in production technologies promoting technological task complementarities, advances in information technologies promoting informational task ...
