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on Human Capital and Human Resource Management |
| By: | Rudolf Winter-Ebmer; Jasmin Anderlik; Malika Jumaniyozova; Bernhard Schmidpeter |
| Abstract: | Using linked vacancy-employer-employee data from Austria, we investigate how monopsony power affects firms’ posting behavior and wage negotiations. Consistent with theoretical predictions, we find that firms with greater monopsony power post lower wages and offer fewer non-wage amenities, suggesting that wages and non-wage benefits are complementary. However, we find no evidence that monopsonistic firms demand higher levels of skill or education. Instead, our results indicate that they require more basic skills, particularly those related to routine tasks. On the workers’ side, we find that employees hired in monopsonistic labor markets face significantly lower wages, both initially and in the long-run. These lower wages are driven by both lower posted wages and reduced bargaining power, as well as reduced opportunities to climb the wage ladder later. |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:jku:econwp:2024-15 |
| By: | Sofoklis Goulas (Brookings Institution, Economic Studies, and IZA); Silvia Griselda (e61 Institution); Rigissa Megalokonomou (Department of Economics, Australia, IZA, and CESifo); Yves Zenou (Monash University, Department of Economics, Australia, CEPR, and IZA) |
| Abstract: | How do disruptive peers shape academic and career paths? We examine this question by leveraging the random assignment of students to classrooms in Greece and identifying the effects of peer disruptiveness on academic performance and career paths. Using suspension hours as a measure of disruptiveness, we find that students assigned to more disruptive classrooms have lower academic achievement, a higher risk of grade retention, and reduced likelihood of graduating from high school on time. They are also less likely to pursue competitive STEM fields or enroll in selective postsecondary programs. The adverse effects are more pronounced for students from low-income areas, in larger classrooms, or with fewer female peers. Using a lab-in-the-field experiment, we find that exposure to multiple disruptors, compared to just one, reduces students’ study motivation, college aspirations, and readiness for science studies and careers, especially for those seated closer to disruptive peers. |
| Keywords: | disruption, suspension, random classroom assignment, high school graduation, STEM careers |
| JEL: | I24 I26 J16 J24 |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:mos:moswps:2024-21 |
| By: | Martin Dufwenberg (Department of Economics, University of Arizona); Katja Goerlitz (University of Applied Labour Studies); Christina Gravert (Department of Economics, University of Copenhagen) |
| Abstract: | Peer evaluation tournaments are common in academia, the arts, and corporate environments. They make use of the expert knowledge that academics or team members have in assessing their peers performance. However, rampant opportunities for cheating may throw a wrench in the process unless, somehow, players have a preference for honest reporting. Building on Dufwenberg and Dufwenbergs (2018) theory of perceived cheating aversion, we develop a multi-player model in which players balance the utility of winning against the disutility of being identified as a cheater. We derive a set of predictions, and test these in a controlled laboratory experiment. |
| Keywords: | psychological game, cheating, tournaments, laboratory experiment |
| JEL: | C91 |
| Date: | 2024–12–13 |
| URL: | https://d.repec.org/n?u=RePEc:kud:kucebi:2420 |
| By: | Uwe Jirjahn; Johannes Kiess |
| Abstract: | From a theoretical viewpoint it is not clear whether or not works councils contribute to workplace democracy. This study is the first to provide systematic evidence that employees in establishments with a works council experience more democracy at work than the ones in establishments without a works councils. Employees' unionization plays an important moderating role in the link between works councils and workplace democracy. The influence of works council presence on experienced democracy at work is more pronounced and much stronger for union members than for nonmembers. |
| Keywords: | Works councils, unions, democratic experience at work, open organizational climate, self-efficacy, collective efficacy |
| JEL: | J52 J53 M12 O35 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:trr:wpaper:202413 |