Now showing items 1-6 of 6
The Reasons for Wage Rigidity: Evidence From a Survey of Firms
(Massachusetts Institute of Technology Press, 1997-08)
A survey of 184 firms was conducted to investigate the reasons for wage rigidity. The strongest support was found for explanations based on adverse selection in quits and on the effect of wages on effort. In addition, ...
The Determinants of Dismissals, Quits, and Layoffs: A Multinomial Logit Approach
(Southern Economic Association, 1997-04)
Prevalence and Patterns of Major Depressive Disorder in the United States Labor Force
(John Wiley and Sons, 1999-09)
Background and Aims of the Study: In this paper, we identify the 12-month and lifetime prevalence of major depressive disorder in and out of the labor force, and among the employed and unemployed. We examine whether ...
Do Firms Pay Efficiency Wages? Evidence with Data at the Firm Level
(National Opinion Research Center (NORC), Society of Labor Economists: University of Chicago Press, 1993-07)
This study tests the efficiency wage hypothesis by estimating wage and quit equations with data from the Employment Opportunity Pilot Project survey of firms. An efficiency wage model is derived that predicts effects of ...
Wage Change and the Quit Behavior of Workers: Implications for Efficiency Wage Theory
(Southern Economic Association, 1994-07)
Arbitrage, Clientele Effects, and the Term Structure of Interest Rates
(Cambridge University Press, 1991-12)
This paper derives a new and intuitive estimation procedure for the term structure under potential tax arbitrage. No a priori assumptions regarding the equality of the prices and present values of bonds are made. The data ...