Search results for "wage"

Work Incentive and Productivity in Spain

2016

Work incentives are closely related to production performance. This paper presents evidence that the value added of a firm increases when relative labor costs rise, or the level of unemployment increases. Both circumstances imply evidence in favor of the efficiency wage model. This theory is consistent with the views of many managers and personal administrators, who tend to ascribe primary importance to wage setting as an incentive to increase effort. We use a micro panel data set of Spanish manufacturing firms, during the period 2004–2009, to simultaneously estimate a stochastic frontier of a firm’s value added and the inefficiency determinants. The data source is published in the Spanish …

Does the plant size–wage differential increase with tenure? Affirming evidence from German panel data

2015

We show that the major part of the plant size–wage premium in Germany is reflected in different wage growth patterns in plants of different size. This is consistent with the hypothesis that large firms ‘produce’ more skilled workers over time.

Why Do People Dislike Low-Wage Trade Competition with Posted Workers in the Service Sector?

2013

AbstractThe issue of low-wage competition in services trade involving posted workers is controversial in the EU. Using Swedish survey data, people's attitudes are found to be more negative to such trade than to goods trade. The differences depend on both a preference for favouring social groups to which individuals belong (the domestic population) and altruistic justice concerns for foreign workers. In small-group experiments, we find a tendency for people to adjust their evaluations of various aspects of trade to their general attitude. This tendency is stronger for those opposed to than those in favour of low-wage trade competition. This may indicate that the former group forms its attitu…

Gender Gaps in Wages and Mortality Rates During Industrialization: The Case of Alcoy, Spain, 1860–1914

2021

What role did women play during industrialization? Interpretations of this key period of our history have been largely based on analyses of male work. In this paper, we offer evidence of the effects of women's involvement in the industrialization process that took place in Alcoy, Spain, over the period 1860-1914. Using data drawn from historical sources, we analyse labour-force participation rates and wage series for women and men in the textile industry and three other sectors of activity (education, health and low-skill services). We then connect the gender pay gaps with life expectancy indicators. Our results suggest that women's contribution to household income might have favoured the f…

The tax system incidence on unemployment: A country-specific analysis for the OECD economies

2008

Abstract In this paper we evaluate the incidence of the tax structure on the labor market. To do so we go beyond the traditional examination of the “level” effect of the fiscal wedge and consider a “composition” effect defined as a payroll tax bias (PTB): the proportion of payroll taxes paid by employees with respect to the one paid by firms. We develop a right-to-manage model encompassing different wage bargaining systems and the incidence of different types of taxes. Controlling for demand-side and supply-side determinants of unemployment, we show that the PTB plays a significant role in explaining unemployment in the continental European countries, but not in the Nordic nor in the Anglo-…

"Compiling the Actuarial Balance for Pay-As-You-Go Pension Systems. Is it better to use the Hidden Asset or the Contribution Asset?"

2013

The aim of this paper is twofold: to establish the connection between the "contribution asset" (CA) and the "hidden asset" (HA) and to determine whether using either of them to compile the actuarial balance sheet in the pay-as-you-go (PAYG) pension system will provide a reliable solvency indicator. With these aims in mind, we develop a model based on those first put forward by Settergren and Mikula (2005) and Boado-Penas et al. (2008) to obtain the analytical properties of the CA and to confirm its soundness as a measure of the assets of a PAYG scheme. Our model also enables us to explore whether, and to what extent, the HA can be considered a second alternative measure of the assets for PA…

Real wages-employment relationship in Finnish manufacturing: a VAR approach

1991

Granger's concept of causality and the vector autoregressive(VAR) technique is used to investigate the real wages-employment relationship in Finnish manufacturing. The stationarity of the time series is examined and a number of co-integration tests for the adequacy of a pure VAR specification performed. The results using a bivariate VAR model based on a lag structure determined by Akaike's information criterion suggests that real wages Granger-cause employment. The slight non-constancy of the model suggests, however, that the conclusion concerning the nature of the real wages-emploment relationship should be treated with causion.

Editorial: Special Issue on Economics of Wastewater Treatment and Reuse

2018

Economic and environmental performance of wastewater treatment plants: Potential reductions in greenhouse gases emissions

2014

Abstract Sanitation and wastewater treatment are essential for protecting human health and environmental sustainability. Treatment processes are not free of environmental impacts; consequently assessment of the environmental performance of wastewater treatment plants (WWTPs) has gained interest in recent years. Unlike other methods, a direct approach is followed to estimate environmental performance indicators (EPIs) using data envelopment analysis (DEA), i.e. an index of overall performance is directly obtained. The present study represents pioneering work to integrate environmental impacts in the assessment of the efficiency of WWTP estimating pure (PEPI) and mixed (MEPI) environmental pe…

Educational intentions, cognitive skills and earnings expectations of French undergraduates

2014

International audience; This article aims to study the earnings expectations of first-year students at a French university. Our findings highlight the importance of the environment in which students make their choices about education. Expected earnings are proportionally higher when their parents seem to be involved in the careers guidance, taking into account the effect of parental socio-economic status. The positive opinion of parents about the orientation or the connection between the discipline and the father's occupation are generally associated with higher earnings. In addition, our results show a strong impact of cognitive variables which are far more significant than variables relat…