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Retirement Choice Simulation in Household Settings with Heterogeneous Pension Plans
retirement choice modelling microsimulation
2012/10/25
This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back simulated from Living in Ireland survey. Our model takes the advantages of the d...
Temporary Contracts and Monopsony Power in the UK Labour Market
atypical contracts oligopsony compensating differentials commuting time
2012/10/25
This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the...
And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts
job satisfaction heterogeneity employment contract generalized ordered probit salary work-life balance
2012/10/25
This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different d...
The Feasibility and Importance of Adding Measures of Actual Experience to Cross-Sectional Data Collection
gender microeconomic data collection human capital work experience
2012/10/25
We use Michigan Panel Study of Income Dynamics data and data from a 2008 telephone survey of adults conducted by Westat for the Princeton Data Improvement Initiative (PDII) to explore the importance a...
Let's Take Bargaining Models Seriously: The Decline in Union Power in Germany, 1992-2009
trade union power wage bargaining labour share Germany
2012/10/25
Building on the right-to-manage model of collective bargaining, this paper tries to infer union power from the observed results in wage setting. It derives a time-varying indicator of union strength a...
Evolution of the Industrial Wage Structure in China Since 1980
industry-wage structure inequality China
2012/10/25
Industry mean wages in China have exhibited sharply increased dispersion since the early 1990s. The upward trend in differences of average wages among major industry groups parallels increases in wage...
On Input Market Frictions and Estimation of Factors Demand
input market frictions labor market frictions estimation of factor demand
2012/10/25
In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order profit maximizing conditions are altered when frictions in input markets cau...
China's Emergence in the World Economy and Business Cycles in Latin America
China GVAR Great Recession emerging markets international business cycle Latin America trade linkages
2012/10/25
The international business cycle is very important for Latin America’s economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages betwe...
Substitution Between Individual and Cultural Capital: Pre-Migration Labor Supply, Culture and US Labor Market Outcomes Among Immigrant Woman
gender immigration labor supply human capital
2012/10/25
In this paper we use New Immigrant Survey data to investigate the impact of immigrant women's own labor supply prior to migrating and female labor supply in their source country to provide evidence on...
Human Capital and Career Success: Evidence from Linked Employer-Employee Data
human capital career developm ent occupations internal promotion external recruitment top management
2012/10/26
Denmark's registry data provide accurate and complete career history data along with detailed personal characteristics (e.g., education, gender, work experience, tenure and others) for the population ...
Workforce Reorganization and the Worker
hierarchies restructuring control span job displacement
2012/10/26
In this paper we study the joint decision process of changing the structure of jobs and laying off individual workers in a firm that downsizes its workforce. A hierarchical decision model is proposed ...
Part-Time Work, Fixed-Term Contracts, and the Returns to Experience
fixed-term and permanent contracts part-time employment returns to experience of differential work histories random effects models MCMC motherhood
2012/10/26
Using data from Spanish Social Security records, we investigate the returns to experience in different flexible work arrangements, including part-time and full-time work, and permanent and fixed-term ...
League-Table Incentives and Price Bubbles in Experimental Asset Markets
league tables price bubbles managed funds markets tournament incentives asset market experiments
2012/10/30
We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant's portfolio is periodically evaluated at market value a...
We discuss how the use of field experiments sheds light on long standing research questions relating to firm behavior. We present insights from two classes of experiments: within and across firms, and...
The Value of Business Networks in Emerging Economies: An Analysis of Firms' External Financing Opportunities
business networks agency costs external firm financing bank loans transition economies endogeneity
2012/10/30
The paper argues that networked firms are likely to have an advantage in securing external finance in countries with weak legal and judicial institutions since it helps financial institutions to minim...