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  • 1
    Publication Date: 2015-12-10
    Description: This paper focuses on the German labor market for older workers. It does so in comparison with other countries and with a unique focus on the role of employer incentives for retaining and hiring older workers. It argues that while employment of older German workers has improved due to changes in government policy, the labor market for older workers remains characterized by far less mobility and opportunity. While we recognize the potential explanations of reduced productivity and age discrimination, we review evidence pointing to the importance of life-cycle contracts (Hutchens, J Lab Econ, 4, 439–457, 1986; Lazear, J Polit Economy, 87, 1261–1284, 1979). These contracts can be efficient but typically imply that older workers will have difficulty being re-hired into career jobs after separation. We suggest that attempts to reduce or eliminate such life-cycle contracts are likely to be counter-productive but suggest how other countries, particularly Japan, have dealt with this issue.
    Print ISSN: 1614-3485
    Electronic ISSN: 1867-8343
    Topics: Economics
    Published by Springer
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  • 2
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 51 (1998), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 58 (2005), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Theory presents two channels through which profit sharing can cause workers to increase their coworkers' productivity: greater cooperation and increased peer pressure. This paper argues that these generate opposite influences on coworker relations, and that which dominates varies according to circumstances and type of worker. Using German data, we show that, for non-supervisory men, profit sharing increases cooperation, but that for those who highly value success on the job, it has no influence on cooperation, and for supervisors it reduces cooperation. Moreover, the findings show striking gender differences in the effect of profit sharing. We contend these patterns fit with underlying theoretical expectations.
    Type of Medium: Electronic Resource
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  • 4
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    Peter Lang International Academic Publishing Group
    Publication Date: 2022-05-13
    Description: Die Arbeit untersucht, wie sich unternehmensexterne Wettbewerbsbedingungen und Principal-Agent-Probleme zwischen Eigentümern und Managern auf die Anreize zur Kostensenkung, die interne Effizienz in den Unternehmen und die Konsumentenrente auswirken. Es wird gezeigt, dass Principal-Agent-Probleme unter bestimmten Produktmarktbedingungen einen wohlfahrtssteigernden Effekt haben, indem sie einer Überinvestition bei der Kostenreduktion entgegenwirken. Aus der theoretischen Analyse werden Hypothesen zur Einführung von Prozessinnovationen und personalpolitischen Anreizsystemen in manager- und eigentümergeleiteten Betrieben abgeleitet. Die Hypothesen werden auf der Basis von Betriebsdaten empirisch überprüft.
    Keywords: Agency-Theorie ; Anreizsystem ; Ineffizienz ; Innovationen ; Jirjahn ; Management ; Managementanreize ; Principal-Agent-Theorie ; Produktmarktwettbewerb ; Produktwettbewerb ; Volkswirtschaftslehre ; Wettbewerb ; Wettbewerbstheorie ; Wohlfahrtsanalyse ; X-Ineffizienz ; bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCB Macroeconomics::KCBM Monetary economics ; bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCP Political economy
    Language: German
    Format: image/jpeg
    Format: image/jpeg
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