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Economics of Legal Concepts for Management Compensation Schemes in the Credit Sector and of their Regulation – A Critical Contribution to the European Regulatory Discussion
Management Compensation Schemes European Regulatory Discussion
2015/8/4
Compensation schemes for managers in the credit sector are a core issue of vibrant and controversial discussions in context of the current ongoing international financial crisis.1 The questions of how...
Many labor markets share three stylized facts: employers cannot give full attention to all candidates, candidates are ready to provide information about their preferences for particular employers, and...
GENDER DIFFERENCES IN SEEKING CHALLENGES:THE ROLE OF INSTITUTIONS
GENDER DIFFERENCES SEEKING CHALLENGES ROLE OF INSTITUTIONS
2015/7/23
We examine whether women and men of the same ability differ in their decisions to seek challenges. In the laboratory, we create an environment in which we can measure a participant’s performance level...
Many labor markets share three stylized facts: employers cannot give full attention to all candidates, candidates are ready to provide information about their preferences for particular employers, and...
Laboratory studies have documented that women often respond less favorably to competition than men. Conditional on performance, men are often more eager to compete, and the performance of men tends to...
Anticipated and Unanticipated Wage Changes, Wage Risk, and Intertemporal Labor Supply
Anticipated and Unanticipated Wage Changes Wage Risk
2015/7/23
In this article, I estimate how labor supply responds to anticipated
wage growth, unanticipated wage growth, and wage risk using the
1989–93 panel section of the Bank of Italy Survey of Households’
...
In this paper I focus on the effect of informal networks on individuals’ job search and
earnings. In the empirical analysis, conducted on data drawn from the 1991 and 1993
Bank of Italy Survey...
Pay,Perks and Parachutes:Do They Pay?
Employment Contracts,Influence Activities and Efficient Organization Design
Employment Contracts Influence Activities Efficient Organization Design
2015/7/21
Employment Contracts,Influence Activities and Efficient Organization Design.
Job Discrimination,Market Forces,and the Invisibility Hypothesis
Job Discrimination Market Forces Invisibility Hypothesis
2015/7/21
Job Discrimination,Market Forces,and the Invisibility Hypothesis.
It investigates the trade-off Žrms face between making commitments to
their workforce as a whole (multilateral relational contracts), and making more
limited commitments to individuals or small...
Reorganization
Reorganization
2015/7/20
One of the productive activities engaging the work force is reorganizing. When factors of production are better matched, productivity is higher. The probabilistic matching model of Diamond, Mortensen,...
Modern Theory of Unemployment Fluctuations:Empirics and Policy Applications
Modern Theory Unemployment Fluctuations Empirics Policy Applications
2015/7/20
Strong and widely accepted evidence shows that the natural rate of unemployment varies over time with substantial amplitude. The frictions in the labor market that account for positive normal levels o...
I estimate adjustment costs for labor and capital from the Euler equations for factor demand. For both factors, I find relatively strong evidence against substantial adjustment costs. My estimates use...
Employment Fluctuations with Equilibrium Wage Stickiness
Employment Fluctuations Equilibrium Wage
2015/7/20
Following a recession, the aggregate labor market is slack–employment remains below normal and recruiting efforts of employers, as measured by help-wanted advertising and vacancies, are low. A model o...