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  1. Outside options and worker motivation
    Autor*in: Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora
    Erschienen: July 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We study the relationship between outside options and workers' motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4
    Fernleihe:
    keine Fernleihe

     

    We study the relationship between outside options and workers' motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a proxy for worker effort. Results indicate that a one-percent increase in the potential UI benefit duration increases absenteeism at the intensive margin by 0.28 percent. These results are consistent with a relational contracting model where effort is constrained by the future value of an employment relationship. This model further predicts that effort reductions are more pronounced if benefits assume a larger role in a worker's outside option and if the perceived relationship value is small. Indeed, we find that our effects are stronger for workers with higher potential cost of unemployment, for older workers, in declining rather than in growing firms, in low-wage firms, and for women as well as workers with children.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/279031
    Schriftenreihe: Discussion paper series / IZA ; no. 16333
    Schlagworte: outside options; effort incentives; relational contracts
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen
  2. The effect of lawyers' career concerns on litigation
    Autor*in: Ferrer, Rosa
    Erschienen: October 2016
    Verlag:  Universitat Pompeu Fabra, Department of Economics and Business, Barcelona

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Economics working paper series / Universitat Pompeu Fabra, Department of Economics and Business ; no. 1496
    Schlagworte: Reputational gain; effort incentives; strategic interactions; settlement; endogenous noise
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  3. Outside options and worker motivation
    Autor*in: Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora
    Erschienen: July 2023
    Verlag:  CESifo, Munich, Germany

    We study the relationship between outside options and workers' motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 63
    Fernleihe:
    keine Fernleihe

     

    We study the relationship between outside options and workers' motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a proxy for worker effort. Results indicate that a one-percent increase in the potential UI benefit duration increases absenteeism at the intensive margin by 0.28 percent. These results are consistent with a relational contracting model where effort is constrained by the future value of an employment relationship. This model further predicts that effort reductions are more pronounced if benefits assume a larger role in a worker's outside option and if the perceived relationship value is small. Indeed, we find that our effects are stronger for workers with higher potential cost of unemployment, for older workers, in declining rather than in growing firms, in low-wage firms, and for women as well as workers with children.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/279332
    Schriftenreihe: CESifo working papers ; 10581 (2023)
    Schlagworte: outside options; effort incentives; relational contracts
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen
  4. The effect of lawyers' career concerns on litigation
    Autor*in: Ferrer, Rosa
    Erschienen: September 2015
    Verlag:  GSE, Graduate School of Economics, Barcelona

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Barcelona GSE working paper series ; no 844
    Schlagworte: Reputational gain; effort incentives; strategic interactions; settlement; endogenous noise
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen