Download or read book Why are Wages Upward Sloping with Tenure written by Joachim Prinz and published by Rainer Hampp Verlag. This book was released on 2004 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most stylized facts in labor economics is the finding that wages tend to rise with job duration but what is the role of productivity between this relation? Intuitively, it seems rather unspectacular that experienced workers' earnings are higher than otherwise comparable junior workers', but economic literature offers three competing theories explaining this phenomenon. A unique database from a single professional sports industry, covering the past decade of player performance and wages in the National Basketball Association (NBA) is used to test the superiority of one model over others in explaining players' upwards sloping age-earnings profiles. The empirical results show little evidence of the notion that player wages are solely determined on the basis of their productivity. Findings are rather in accordance with shirking and matching ideas: Returns to tenure are found to be significant but it's magnitude is reduced when the spurious bias - stemming from OLS - is controlled for. The fact that tenure remains considerably large - unaffected of productivity - but is simultaneously mitigated due to job match specific effects, is in harmony with incentive and matching arguments.Joachim Prinz, born 1971, studied economics at the University of Trier, Copenhagen Business School and American University, Washington D.C. From 1999-2001 he was a scientific co-worker at the University of Greifswald, Department of Economics. Since 2001 University of Witten/ Herdecke.
Download or read book Are Those Paid More Really No More Productive written by James N. Brown and published by . This book was released on 1983 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Good Work Poor Work written by Wenzel Matiaske and published by Rainer Hampp Verlag. This book was released on 2005 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment written by Centre for Economic Policy Research (Great Britain) and published by Centre for Economic Policy Research. This book was released on 1995 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers mainly the period from 1970 to 1993.
Download or read book Studies in Human Capital written by Jacob Mincer and published by Edward Elgar Publishing. This book was released on 1993-01-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.' - Geraint Johnes, International Journal of Manpower Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.
Download or read book Studies in Labor Markets written by Sherwin Rosen and published by University of Chicago Press. This book was released on 2007-12-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.
Download or read book Wage Determination and Distribution in Japan written by Toshiaki Tachibanaki and published by Oxford University Press. This book was released on 1996 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise investigates the empirical and theoretical issues of wage determination and wage differentials in Japan since World War II, concentrating on recent developments and highlighting Japan's institutional singularities
Download or read book Internal Labour Markets Incentives and Employment written by Toshiaki Tachibanaki and published by Springer. This book was released on 1998-06-22 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic performance of a national economy, as shown by indicators such as the rate of unemployment and inflation, is heavily dependent on the operation of its external and internal labour markets. From this standpoint the book focuses on the functions of internal labour markets and their interaction with external labour markets, comparing those of the Japanese and Western styles. The differing mechanisms of internal labour markets are examined by a strong range of international contributors from Japan, North America and Europe.
Download or read book Pension Plans and Employee Performance written by Richard A. Ippolito and published by University of Chicago Press. This book was released on 1997 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chief economist for the Pension Benefit Guaranty Corporation and formerly with the U.S. Department of Labor, Richard A. Ippolito shows how pension plans can attract and retain more dedicated and productive workers. He also offers a blueprint for revising the social security plan with work incentives that would strengthen the system's financial condition.
Download or read book New Analyses in Worker Well Being written by Konstantinos Tatsiramos and published by Emerald Group Publishing. This book was released on 2013-11-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In no economy do all employees fare equally. Some variation stems from innate worker heterogeneity, some from differential human capital investment, some from imperfect information, some from demand shocks, some from asymmetric technological change, and some from government policies.
Download or read book Capital and Labour in Japan written by Toshiaki Tachibanaki and published by Routledge. This book was released on 2012-12-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Toshiaki Tachibanaki and Atsuhiro Taki emphasise several institutional features in Japan which differ from those in Euro-American countries: for example, the permanent employment and seniority system in wages and promotion, the dual structure, Keiretsu transactions, the main bank system, and intercorporate shareholding. This book examines in particular the distinction between long-run and short-run contractual relationships which produced such features. It presents both the positive and the negative evaluations of the factor market. Exploring the similarities and interdependencies between two important and idiosyncratic factor markets in Japan, this book brings data to hand which until now has only been available in specialist journals.
Download or read book Making EI Work written by Keith Banting and published by McGill-Queen's Press - MQUP. This book was released on 2013-04-08 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the inception and design of Canada's Employment Insurance (EI) program, the Canadian economy and labour market have undergone dramatic changes. It is clear that EI has not kept pace with those changes, and experts and advocates agree that the program is no longer effective or equitable. Making EI Work is the result of a panel of distinguished scholars gathered by the Mowat Centre Employment Insurance Task Force to analyze the strengths, weaknesses, and future directions of EI. The authors identify the strengths and weaknesses of the system, and consider how it could be improved to better and more fairly support those in need. They make suggestions for facilitating a more efficient Canadian labour market, and meeting the human capital requirements of a dynamic economy for the present and the foreseeable future. The chapters that comprise Making EI Work informed the task force's final recommendations, and form an engaging dialogue that makes the case for, and defines the parameters of, a reformed support system for Canada's unemployed. Contributors include Ken Battle (Caledon Institute of Social Policy), Robin Boadway (Queen's University), Allison Bramwell (University of Toronto), Sujit Choudhry (New York University School of Law), Kathleen M. Day (University of Ottawa), Ross Finnie (University of Ottawa), Jean-Denis Garon (Queen's University), David Gray (University of Ottawa), Morley Gunderson (University of Toronto), Ian Irvine (Concordia University), Stephen Jones (McMaster University), Thomas R. Klassen (York University), Michael Mendelson (Caledon Institute of Social Policy), Alain Noël (Université de Montréal), Michael Pal (University of Toronto Faculty of Law), W. Craig Riddell (University of British Columbia), William Scarth (McMaster University), Luc Turgeon (University of Ottawa), Leah F. Vosko (York University), Stanley L. Winer (Carleton University), Donna E. Wood (University of Victoria), and Yan Zhang (Statistics Canada).
Download or read book Labour Market and Economic Performance written by Toshiaki Tachibanaki and published by Springer. This book was released on 2016-01-06 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.
Download or read book Anti Capital Human Social and Cultural written by Jacek Tittenbrun and published by Routledge. This book was released on 2016-04-15 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of capital has enjoyed a rich career in the social sciences, its use across a range of subjects and in diverse academic and professional contexts having served to establish its conceptual status as 'given'. With particular attention to human and social capital - including cultural capital - this book traces the roots of this theoretical and conceptual trend to economics, revealing the proliferation of various forms of capital to be based upon an encroachment of the conceptual apparatus of economics into other social sciences. Offering an in-depth, critical analysis of the concepts of human and social capital, as well as their surrounding theories, Anti-Capital: Human, Social and Cultural proposes an alternative theoretical framework, whilst better explaining the realities that they mask in economic terms. A rigorous exploration of the most popular forms of 'capital' in the contemporary social sciences, this book will be of interest to scholars and students of sociology, political and social theory, demography and economics.
Download or read book The New Community Firm written by T. Inagami and published by Cambridge University Press. This book was released on 2005-01-06 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: After sweeping all before it in the 1980s, 'Japanese management' ran into trouble in the 1990s, especially in the high-tech industries, prompting many to declare it had outlived its usefulness. From the late 1990s leading companies embarked on wide-ranging reforms designed to restore their entrepreneurial vigour. For some, this spelled the end of Japanese management; for others, little had changed. From the perspective of the community firm, Inagami and Whittaker examine changes to employment practices, corporate governance and management priorities, in this 2005 book, drawing on a rich combination of survey data and an in-depth study of Hitachi, Japan's leading general electric company and enterprise group. They find change and continuity, the emergence of a 'reformed model', but not the demise of the community firm. The model addresses both economic vitality and social fairness, within limits. This book offers unique insights into changes in Japanese management, corporations and society.
Download or read book Back to Shared Prosperity The Growing Inequality of Wealth and Income in America written by Ray Marshall and published by Routledge. This book was released on 2015-05-20 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent are major social and political problems caused by basic income and unemployment trends? Is it possible to restore the kind of broadly shared prosperity the U.S. once experienced before the early 1970s? Some of the top economists of our time address these critical questions.
Download or read book Economic Dynamics and Information written by Jaroslav Zajac and published by Springer Science & Business Media. This book was released on 2007-08-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the corresponding stationary state equilibrium. Sufficient heterogeneity leads to global saddle-path stability, uniqueness of a given stationary state and the global uniqueness of the corresponding equilibrium.
