Showing 1 - 10 of 28
We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the...
Persistent link: https://www.econbiz.de/10010262174
The main objective of this study is to investigate the impact of corporate R&D activities on firms' performance …
Persistent link: https://www.econbiz.de/10010269441
I examine evidence on private sector union wage gaps in the U.S. The consensus opinion among labor economists of an average union premium of roughly 15 percent is called into question. Two forms of measurement error create a downward bias in standard wage gap estimates. Match bias results from...
Persistent link: https://www.econbiz.de/10010261534
This paper is composed of two parts. First, using international data, I corroborate that union density in the U.S. declined because of asymmetric growth between the union and nonunion sectors. I show union density to increase in countries experiencing strong manufacturing growth, and to decline...
Persistent link: https://www.econbiz.de/10010261610
Using a German employer-employee matched panel data set this paper examines the effects of High Performance Workplace …
Persistent link: https://www.econbiz.de/10010262099
About 30% of workers in the CPS 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...
Persistent link: https://www.econbiz.de/10010262754
This paper argues that changes in the returns to occupational tasks have contributed to changes in the wage distribution over the last three decades. Using Current Population Survey (CPS) data, we first show that the 1990s polarization of wages is explained by changes in wage setting between and...
Persistent link: https://www.econbiz.de/10010278329
This paper examines if workplace and co-worker union status affect employee wellbeing. In contrast to the literature focusing on links between one's own membership status and wellbeing, we focus principally on non-union employees. We find that being in a union workplace and having union...
Persistent link: https://www.econbiz.de/10010291334
The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10010267564
In this contribution, we examine the interrelation between corporate age structures and firm performance. In particular … dispersion of age in firms are inversely u-shaped related to firm performance. …
Persistent link: https://www.econbiz.de/10010277249