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Economics

2014

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Articles 1 - 14 of 14

Full-Text Articles in Labor Relations

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield Dec 2014

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield

Rick Mansfield

We consider the classic problem of estimating group treatment effects when individuals sort based on observed and unobserved characteristics. Using a standard choice model, we show that controlling for group averages of observed individual characteristics potentially absorbs all the across-group variation in unobservable individual characteristics. We use this insight to bound the treatment effect variance of school systems and associated neighborhoods for various outcomes. Across four datasets, our conservative estimates indicate that a 90th versus 10th percentile school system increases high school graduation and college enrollment probabilities by at least 0.047 and 0.11. Other applications include measurement of teacher value-added.


Sabbaticals, Kevin F. Hallock Dec 2014

Sabbaticals, Kevin F. Hallock

Economics Faculty Publications

With the year end upon you and many workplaces closing, reducing hours or accommodating employee vacations because of the holidays, this column focuses on rewards in the form of time away from work that is not so common -- sabbaticals. Sabbaticals are a generous benefit to those workers who have them. And they can clearly be an important part of a total rewards package. According to inc.com, while 5% of firms in the US offer sabbaticals, 25% of the companies listed in "Best Companies to Work For" offer them. Corporate sabbaticals, however, aren't typically as generous in length as those …


A Study On Employee Turnover In Shanghai’S Fine Dining Restaurants, Yang Liu Dec 2014

A Study On Employee Turnover In Shanghai’S Fine Dining Restaurants, Yang Liu

UNLV Theses, Dissertations, Professional Papers, and Capstones

No abstract provided.


Retention Pay, Kevin F. Hallock Nov 2014

Retention Pay, Kevin F. Hallock

Economics Faculty Publications

In many seasonal jobs, such as store clerks during the holiday shopping season, retention is about employers wanting as little employee turnover as possible during the small window they have each year to earn a big part of their profits. One way seasonal businesses might persuade workers to stay is with some sort of cash bonus paid for staying until the season's end or by paying a substantially higher wage at the very end. While the summer beach of Cape Cod may feel worlds away from the corporate office, the need to consider retention strategies for key employees is universal. …


Do Hitters Boost Their Performance During Their Contract Years?, Heather M. O'Neill Oct 2014

Do Hitters Boost Their Performance During Their Contract Years?, Heather M. O'Neill

Business and Economics Faculty Publications

Each season, baseball fans and journalists alike identify which players are in the final years of their contracts because a lot rides on how the players produce in their “contract year.” Will a player boost his effort and performance in an effort to improve his value and bargaining power? Or will he crumble under the pressure? Or are players’ performances uncorrelated with where they stand in their contract cycles?


Globalization And Development In Latin America And The Caribbean: A Review, Diego José Romero Sep 2014

Globalization And Development In Latin America And The Caribbean: A Review, Diego José Romero

e-Research: A Journal of Undergraduate Work

Globalization and Development: A Latin American and Caribbean Perspective (2003) is a study of the process of globalization in the economic, political and cultural spheres, focusing mainly on the economic developments. Understanding the process as being multidimensional in nature, the authors, José Antonio Ocampo and Juan Martin, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Special Advisor to the Executive Secretary respectively[i], analyze globalization as a historic event realized in three well-differentiated phases, which prove, that it is not an irreversible process. The authors define globalization as "the growing influence exerted at …


Movimientos Obreros Y Por Los Derechos Humanos En América Latina: Convergencia, Divergencia Y Consecuencias Para La Promoción De Los Derechos Económicos, Sociales Y Culturales [Labor Movements And Human Rights In Latin America: Convergence, Divergence, And The Implications For The Promotion Of Economic, Social And Cultural Rights], Maria Lorena Cook Sep 2014

Movimientos Obreros Y Por Los Derechos Humanos En América Latina: Convergencia, Divergencia Y Consecuencias Para La Promoción De Los Derechos Económicos, Sociales Y Culturales [Labor Movements And Human Rights In Latin America: Convergence, Divergence, And The Implications For The Promotion Of Economic, Social And Cultural Rights], Maria Lorena Cook

Maria Lorena Cook

[Excerpt] Los derechos propios del trabajo forman parte de los derechos humanos hace mucho tiempo y gozan del reconocimiento de pactos internacionales. La Declaración Universal de Derechos Humanos, adoptada por la Organización de las Naciones Unidas, en 1948, enumera los derechos a condiciones de trabajo justas y favorables; a igual remuneración por trabajo de igual valor; a una remuneración equitativa y favorable, y a formar sindicatos y afiliarse a ellos. El Pacto Internacional de Derechos Civiles y Políticos (PIDCP) incluye los derechos a la libertad de asociación y a formar sindicatos y afiliarse a ellos. El Pacto Internacional de Derechos …


Pay, Corporate Location And Donations To Charity, Kevin F. Hallock Sep 2014

Pay, Corporate Location And Donations To Charity, Kevin F. Hallock

Economics Faculty Publications

State and local governments direct a great deal of effort (and resources) toward incenting companies to locate in their particular jurisdictions. The cited reasons for this effort are often the increase in jobs and boost to the local tax base. In "The Geography of Giving: The Effect of Corporate Headquarters on Local Charities", David Card, Enrico Moretti and the author investigated a number of issues related to the geographical location of corporate headquarters and charitable giving. It turns out that location does matter and the movement of highly paid employees does, too. There are at least two main channels through …


Paying To Put Out Fires, Kevin F. Hallock Aug 2014

Paying To Put Out Fires, Kevin F. Hallock

Economics Faculty Publications

There is surprisingly little academic work on the compensation of firefighters. This may be, in part, because their wages are often set by collective bargaining agreements and that those paid as firefighters are regularly paid by seniority. But many aspects of the labor market can still be studied through this interesting occupation, including labor unions, compensation for job risk and even volunteerism. Consider the mountains of papers on Fortune 500 CEOs relative to the number (500) of employees doing this job in the US. In contrast, consider the tiny number of papers on firefighters relative to the large numbers who …


What Have You Done For Me Lately?, Kevin F. Hallock Apr 2014

What Have You Done For Me Lately?, Kevin F. Hallock

Economics Faculty Publications

The author considers the question of whether some occupations or pay plans can create incentives to strategically time employees' best performance and what problems that might create. There certainly is plenty of evidence across a set of industries that the timing of performance can have real effects on the compensation of employees. To the extent that this gives employees (athletes, salespeople, executives, and others) incentives to shift the timing of effort in ways that may not be in the best interests of the employer, shareholders, and other constituents is certainly something worth thinking about if you want to better curb …


Negotiating For Curriculum & Class Size, 2011-13: One Faculty Union’S Perspective, Steve Hicks, Amy L. Rosenberger Jan 2014

Negotiating For Curriculum & Class Size, 2011-13: One Faculty Union’S Perspective, Steve Hicks, Amy L. Rosenberger

Journal of Collective Bargaining in the Academy

The article walks the reader through the process of proposing, revising, and finally accepting by both sides of a new clause in the APSCUF-PASSHE collective bargaining agreement covering curriculum and class size. The clause took multiple forms over the course of over two years of negotiations and reveals the evolving priorities of the two sides over time.


Bargaining Market Equity Adjustments By Rank And Discipline, Jonathan P. Blitz, Jeffrey F. Cross Jan 2014

Bargaining Market Equity Adjustments By Rank And Discipline, Jonathan P. Blitz, Jeffrey F. Cross

Journal of Collective Bargaining in the Academy

Faculty contract negotiations generally include wages, hours, and other conditions of employment as well as mutually agreed non-mandatory subjects of bargaining. Negotiators typically address wages in terms of across-the-board increases, promotion in rank, merit increases, and one-time signing bonuses. Less typically, faculty salary negotiations include various forms of equity adjustments and salary increases linked to the underlying market and social forces and to salary compression that may, or may not, be related to these forces. The authors describe how they negotiated differential discipline-specific target salaries based in part on College and University Personnel Association faculty salary data.


Titles As Compensation, Kevin F. Hallock Jan 2014

Titles As Compensation, Kevin F. Hallock

Economics Faculty Publications

Wages and salaries are just part of total rewards. Insurance, vacation time, bonuses, and working conditions are other important forms of compensation. Each of these costs the organization something. But there are other attributes of jobs -- less easily measured in dollars -- that employees value. These can include colleagues, company reputation, and even job titles. At the margin it is possible to imagine a tradeoff between a higher salary and a job title. In fact, some have argued that some firms offer titles in absence of raises where salary budgets are slim. When thinking about job titles as a …


Unions And Democracy: When Do Nonmembers Have Voting Rights?, Melanie Stallings Williams, Dennis A. Halcoussis Jan 2014

Unions And Democracy: When Do Nonmembers Have Voting Rights?, Melanie Stallings Williams, Dennis A. Halcoussis

Journal of Business & Technology Law

No abstract provided.