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Pay,Perks and Parachutes:Do They Pay?
Children are costly, but raising them may pay: The economic approach to fertility
children as consumption and investment goods economic theory fertility intra-family bargaining labor force participation opportunity cost public policies rational choices social context time and uncertainty
2014/11/26
Objective: This article provides a non-technical introduction to analyses of fertility which are based on a rational-choice paradigm and which acknowledge that raising children may have a strong impac...
Performance-Support Bias and the Gender Pay Gap among Stockbrokers
Bonuses Commission Compensation Consumer Discrimination Earnings Economicss Women
2014/3/31
Organizational mechanisms, and their contexts, leading to gender inequality among stockbrokers in two large brokerages are analyzed. Inequality is the result of gender differences in sales, as both fi...
Bonus Culture:Competitive Pay, Screening, and Multitasking
incentives performance pay bonuses executive compensation inequality, multitask contracts screening adverse selection moral hazard work ethic Hotelling competition.
2014/3/13
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling...
Does Pay Disparity Really Hamstring Team Performance? A Study of Professional Ice Hockey Players
Relative Compensation Pay Compression Industrial Politics
2013/2/19
Here, I employ an unbalanced panel of data from the National Hockey League (NHL) to examine the impact of pay disparity on team-cohesiveness. I find evidence to suggest the existence of a negative rel...
Do Literacy and Numeracy Pay Off? On the Relationship between Basic Skills and Earnings
literacy numeracy earnings administrative data Germany ALWA
2012/10/22
Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers....
Trade Union Membership and Sickness Absence: Evidence from a Sick Pay Reform
difference-in-differences sickness-related absence Socio-Economic Panel (SOEP) statutory sick pay trade union membership
2012/10/23
In 1996, statutory sick pay was reduced for private sector workers in Germany. Using the empirical observation that trade union members are dismissed less often than non-members, we construct a model ...
Does It Pay for Women to Volunteer?
female labor supply marriage fertility negative selection attrition dynamic programming structural estimation simulated maximum likelihood volunteering
2012/10/23
This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward...
Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of Statistical Life
willingness to pay willingness to accept value of statistical life VSL CFOI panel data PSID
2012/10/22
Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estima...
Team Structure and the Effectiveness of Collective Performance Pay
incentives teams performance sub-teams cooperation
2012/10/23
The adoption of performance related pay schemes has become increasingly popular in the public sector of several countries. In the UK, the scheme designers favoured collective performance pay with the ...
Does Pay Disparity Really Hamstring Team Performance? A Study of Professional Ice Hockey Players
Relative Compensation Pay Compression Industrial Politics
2013/9/5
Here, I employ an unbalanced panel of data from the National Hockey League (NHL) to examine the impact of pay disparity on team-cohesiveness. I find evidence to suggest the existence of a negative rel...
Does Institutional Diversity Account for Pay Rules in Germany and Belgium?
labour market institutions wage inequality rules collective bargaining
2012/10/23
This paper examines the relationship between institutions and the remuneration of different jobs by comparing the German and Belgian labour markets with respect to a typology of institutions (social r...
Why Ex(Im)porters Pay More: Evidence from Matched Firm-Worker Panels
globalization export import wage differentials
2012/10/23
We investigate the relationship between exporting, importing, and wage premia using a rich matched employer-employee data set. We improve on the previous literature (i) by using a new methodology to q...
Cross-Assignment Discrimination in Pay: A Test Case of Major League Baseball
wage discrimination complementarity monopsony power
2012/10/23
The traditional Becker/Arrow style model of discrimination depicts majority and minority and workers as perfectly substitutable inputs, implying that all workers have the same job assignment. The mode...
Does It Pay to Be Productive? The Case of Age Groups
wages productivity aging matched panel data
2012/10/24
Using longitudinal matched employer-employee data for the period 1999-2006, we investigate the relationship between age, wage and productivity in the Belgian private sector. More precisely, we examine...