Auflistung Working Papers nach JEL-Klassifizierung "J31"
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Higher-Order Income Risk over the Business Cycle: A Parametric Approach
(2020-03-24)We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher- order risk. We estimate our extended income process by ... -
Incentives, self-selection, and coordination of motivated agents for the production of social goods
(2021-07-24)We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate ... -
Professional Networks and their Coevolution with Executive Careers: Evidence from Europe and North America
(2019-02-04)This paper examines how networks of professional contacts contribute to the development of the careers of executives of North American and European companies. We build a dynamic model of career progression in which career ... -
Rigid Wages and Contracts: Time- versus State-Dependent Wages in the Netherlands
(2019-09-01)We study nominal wage rigidity in the Netherlands using administrative data, which has three key features: (1) high-frequency (monthly), (2) high-quality (administrative records), and (3) high coverage (the universe of ... -
The Old Boy Network: The Impact of Professional Networks on Remuneration in Top Executive Jobs
(2016-01-18)We investigate the impact of social networks on earnings using a dataset of over 20,000 senior executives of European and US firms. The size of an individual's network of influential former colleagues has a large positive ...