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  1. Careers in the auditing business - a static and dynamic perspective on the psychological contract in the up-or-out system
    Author: Festing, Marion; Müller, Bernadette; Yussefi, Sassan
    Published: 2008
    Publisher:  Europ. School of Management, Berlin

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    Universitätsbibliothek Braunschweig
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    3504-0226
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    Staats- und Universitätsbibliothek Bremen
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    01.K.8385
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    Universitätsbibliothek Greifswald
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    480/QP 110 E89-40
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    K 2009 B 5377
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    B/90106
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    Thüringer Universitäts- und Landesbibliothek
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    WIR:AJ:500:E74:-40:2008
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
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    09-3017
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    Otto-von-Guericke-Universität, Universitätsbibliothek
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    2009.06279:1
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    Bibliotheks-und Informationssystem der Carl von Ossietzky Universität Oldenburg (BIS)
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    Universitätsbibliothek Osnabrück
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    Universität Potsdam, Universitätsbibliothek
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    QB 910 ESC
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    Universitätsbibliothek Rostock
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    ZB 7578 (40)
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    Hochschule Wismar, University of Applied Sciences: Technology, Business and Design, Hochschulbibliothek
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    2009 B 37
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QQ 510
    Series: ESCP-EAP working paper ; 40
    Subjects: Wirtschaftsprüfung; Karriereplanung; Implizite Kontrakte; Mitarbeiterbindung; Arbeitsmobilität; Deutschland
    Scope: 42 Bl., graph. Darst., 30 cm
    Notes:

    Literaturverz. Bl. 36 - 41
  2. Careers in the auditing business
    a static and dynamic perspective on the psychological contract in the up-or-out system
    Author: Festing, Marion
    Published: 2008
    Publisher:  European School of Management, Berlin

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    Universität Potsdam, Universitätsbibliothek
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QP 140 ; QQ 510
    Series: ESCP-EAP working paper ; 40
    Subjects: Wirtschaftsprüfung; Karriereplanung; Implizite Kontrakte; Mitarbeiterbindung; Arbeitsmobilität; Deutschland; Auditing
    Scope: 42 Bl.
    Notes:

    Literaturverz. Bl. 36 - 41
  3. Careers in the auditing business
    a static and dynamic perspective on the psychological contract in the up or out system
    Author: Festing, Marion; Müller, Bernadette; Yissefi, Sassan
    Published: 2008
    Publisher:  ESCP-EAP, Berlin

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QQ 510 ; QP 140 ; QQ 510
    Series: ESCP-EAP working paper ; No. 40
    Subjects: Wirtschaftsprüfung; Karriereplanung; Arbeitsmarkttheorie; Commitment <Management>; Arbeitsmobilität
    Other subjects: (stw)Wirtschaftsprüfung; (stw)Karriereplanung; (stw)Implizite Kontrakte; (stw)Mitarbeiterbindung; (stw)Arbeitsmobilität; (stw)Deutschland; (lcsh)Auditing--Personnel management; Arbeitspapier; Graue Literatur
    Scope: 42 Bl., 30 cm
    Notes:

    Literaturverz. Bl. 36 - 41
  4. Die Kunst des Aufstiegs
    Was Frauen in Führungspositionen kennzeichnet
    Author: Henn, Monika
    Published: 2008
    Publisher:  Campus Verlag, Frankfurt am Main

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  5. A systematic reflection upon dual career couples
    Author: Rusconi, Alessandra; Solga, Heike
    Published: 2008
    Publisher:  WZB, Berlin

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: MS 3050 ; MS 3150
    Series: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung (WZB), Forschungsschwerpunkt Bildung, Arbeit und Lebenschancen, Abteilung Ausbildung und Arbeitsmarkt ; 2008-505
    Subjects: Hochqualifizierte Arbeitskräfte; Männer; Frauen; Geschlechterdiskriminierung; Lebensgemeinschaft; Karriereplanung; Deutschland
    Scope: 32 S.
    Notes:

    Zsfassung in dt. Sprache
  6. Die Fachkarriere - alternative Entwicklungschance oder Abstellgleis?
    eine qualitative Untersuchung zu Implementierungsmodalitäten ausgewählter Unternehmen
    Author: Groß, Sophie
    Published: 2008
    Publisher:  IBBP, Magdeburg

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    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Print
    RVK Categories: QV 570 ; QV 570
    Series: IBBP-Arbeitsbericht ; Nr. 59
    Subjects: Fachkraft; Berufslaufbahn; Karriereplanung; Personalentwicklung
    Other subjects: (stw)Fachkräfte; (stw)Erwerbsverlauf; (stw)Karriereplanung; (stw)Personalentwicklung; (stw)Deutschland; Graue Literatur
    Scope: 88 S., graph. Darst., 30 cm
    Notes:

    Literaturverz. S. 85 - 88
  7. Contingent claims analysis and life-cycle finance
    Author: Bodie, Zvi; Ruffino, Doriana; Treussard, Jonathan
    Published: 2008
    Publisher:  MIT Sloan School of Management, Cambridge, Mass.

    This paper explores the application of contingent claims analysis (CCA) to two quot;hotquot; issues in life-cycle finance: (1) investing for retirement and (2) deciding when, if ever, to switch careers. Participants in individual retirement accounts... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    This paper explores the application of contingent claims analysis (CCA) to two quot;hotquot; issues in life-cycle finance: (1) investing for retirement and (2) deciding when, if ever, to switch careers. Participants in individual retirement accounts do not have the time or the knowledge to make their own investment decisions. Today they are defaulted into life-cycle mutual funds that pass all risk directly through to the participant. We use CCA to demonstrate how financial firms can design and produce guaranteed contingent benefit contracts that improve participant welfare at no additional cost to the system. In exploring the career-choice issue in the second part of the paper, we use CCA in a somewhat different way. The decision to switch careers is analogous to deciding when to exercise an American-style option to swap one asset for another. By applying the methods used to analyze the option-exercise decision to the career-switching problem, we gain some new insights beyond those derived from the traditional dynamic programming approaches

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 1721.1/65617
    Edition: Rev.
    Series: Sloan working papers ; 4676,08
    MIT Sloan Research Paper ; No. 4676-08
    Subjects: Optionspreistheorie; Altersvorsorge; Transaktionskosten; Karriereplanung; Theorie
    Scope: Online-Ressource (12 S., 273,78 KB), graph. Darst.
  8. Occupational mobility and the business cycle
    Published: 2008
    Publisher:  IZA, Bonn

    Do workers sort more randomly across different job types when jobs are harder to find? To answer this question, we study the mobility of male workers among three-digit occupations in the matched files of the monthly Current Population Survey over the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Do workers sort more randomly across different job types when jobs are harder to find? To answer this question, we study the mobility of male workers among three-digit occupations in the matched files of the monthly Current Population Survey over the 1979-2004 period. We clean individual occupational transitions using the algorithm proposed by Moscarini and Thomsson (2008). We then construct a synthetic panel comprising annual birth cohorts, and we examine the respective roles of three potential determinants of career mobility: individual ex ante worker characteristics, both observable and unobservable, labor market prospects, and ex post job matching. We provide strong evidence that high unemployment somewhat offsets the role of individual worker considerations in the choice of changing career. Occupational mobility declines with age, family commitments and education, but when unemployment is high these negative effects are weaker, and reversed for college education. The cross-sectional dispersion of the monthly series of residuals is strongly countercyclical. As predicted by Moscarini (2001)'s frictional Roy model, the sorting of workers across occupations is noisier when unemployment is high. As predicted by job-matching theory, worker mobility has significant residual persistence over time. Finally, younger cohorts, among those in the sample for most of their working lives, exhibit increasingly low unexplained career mobility -- Occupational mobility ; business cycle ; synthetic cohorts

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/35188
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 3369
    Subjects: Arbeitsmobilität; Männliche Arbeitskräfte; Karriereplanung; Altersgruppe; Bildungsniveau; Konjunktur; USA
    Scope: Online-Ressource (PDF-Datei: 30 S.), graph. Darst.
  9. Occupational mobility and the business cycle
    Author: Moscarini, Giuseppe; Vella, Francis G.
    Published: 2008
    Publisher:  National Bureau of Economic Research, Cambridge, Mass.

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    W 1 (13819)
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    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
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    http://www.nber.org/papers/w13819.pdf
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: NBER working paper series ; 13819
    Subjects: Arbeitsmobilität; Männliche Arbeitskräfte; Karriereplanung; Altersgruppe; Bildungsniveau; Konjunktur; USA
    Scope: 30 S., graph. Darst.
  10. A note on risk aversion and labour market outcomes
    further evidence from German survey data
    Published: 2008
    Publisher:  IZA, Bonn

    Using the large-scale German Socio-Economic Panel, this note reports direct empirical evidence for significant correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts, employer... more

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    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
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    bibliographischer Nachweis ohne Bestand
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    Using the large-scale German Socio-Economic Panel, this note reports direct empirical evidence for significant correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts, employer change, quits, training, wages, and job satisfaction). -- Employment ; job search ; human capital ; risk aversion ; wages

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/34848
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 3523
    Subjects: Arbeitsangebot; Karriereplanung; Risikoaversion; Beschäftigungssystem; Arbeitslosigkeit; Arbeitsmobilität; Lohn; Arbeitszufriedenheit; Deutschland; Economics; Gender and Diversity
    Scope: Online-Ressource (PDF-Datei: 10 S.), graph. Darst.
  11. Do gender differences in preferences for competition matter for occupational expectations?
    Published: Aug. 2008
    Publisher:  Univ. of Aarhus, Dep. of Economics, Aarhus

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Economics working paper ; 2008.9
    Subjects: Weibliche Arbeitskräfte; Berufswahl; Karriereplanung; Wettbewerb; Arbeitsmarktdiskriminierung; Lohnstruktur; Geschlechterdiskriminierung; Dänemark
    Scope: Online-Ressource, 27 S., Text
  12. Overconfidence in a career-concerns setting
    Published: 2008
    Publisher:  CESifo, München

    We study the effects of overconfidence in a two-period investment-decision agency setting. Under common priors, agent risk aversion implies inefficiently low first-period investment. In our model, principal and agent disagree about the profitability... more

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    Staats- und Universitätsbibliothek Bremen
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 63 (2405)
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    We study the effects of overconfidence in a two-period investment-decision agency setting. Under common priors, agent risk aversion implies inefficiently low first-period investment. In our model, principal and agent disagree about the profitability of the investment decision conditional on a given public signal. An overconfident agent believes that the principal will update her beliefs upwards more often than not. As a consequence, the agent overestimates the benefits of learning from first-period investment. This implies that agent overconfidence mitigates the agency problems arising from the agent's career concerns, even though an overconfident agent bears more project and reputational risk in equilibrium. -- Overconfidence ; heterogenous beliefs ; career concerns

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/26450
    Series: Array ; 2405
    Subjects: Prinzipal-Agent-Theorie; Investition; Karriereplanung; Erwartungsbildung; Lernprozess; Theorie
    Scope: Online-Ressource (PDF-Datei: 23 S., 282 KB), graph. Darst.
  13. Structural adjustment, turnover and career mobility
    Published: 2008
    Publisher:  Leverhulme Centre for Research on Globalisation and Economic Policy, Nottingham

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Research paper / Leverhulme Centre for Research on Globalisation and Economic Policy ; 2008,23 : Globalisation and labour markets
    Subjects: Arbeitsmarkt; Arbeitsmobilität; Erwerbsverlauf; Karriereplanung; Einkommensverteilung; Theorie
    Scope: Online-Ressource (PDF-Datei: 44 S.), graph. Darst.
  14. Traveling agents
    political change and bureaucratic turnover in India
    Published: 2008
    Publisher:  Harvard Business School, Cambridge, Mass.

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: HBS working papers ; 09,006
    Subjects: Öffentlicher Dienst; Büroberufe; Karriereplanung; Bürokratie; Indien
    Scope: Online-Ressource (PDF-Datei: 33 S., [13] Bl., 522,45 KB), graph. Darst.
    Notes:

    Literaturverz. S. 31 - 33
  15. A systematic reflection upon dual career couples
    Author: Rusconi, Alessandra; Solga, Heike
    Published: 2008
    Publisher:  WZB, Berlin

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    Zsn 124692-2008/09
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    C 257055
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: MS 3050 ; MS 3150
    Series: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung (WZB), Forschungsschwerpunkt Bildung, Arbeit und Lebenschancen, Abteilung Ausbildung und Arbeitsmarkt ; 2008-505
    Subjects: Hochqualifizierte Arbeitskräfte; Männer; Frauen; Geschlechterdiskriminierung; Lebensgemeinschaft; Karriereplanung; Deutschland
    Scope: 32 S.
    Notes:

    Zsfassung in dt. Sprache
  16. Work expectations, realizations, and depression in older workers
    Author: Falba, Tracy A.; Gallo, William T.; Sindelar, Jody Louise
    Published: 2008

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    W 1 (14435)
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    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
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    http://www.nber.org/papers/w14435.pdf
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: NBER working paper series ; 14435
    Subjects: Arbeitswelt; Karriereplanung; Erwerbsverlauf; Arbeitslosigkeit; Zufriedenheit; Psychische Krankheit; USA
    Scope: 17 S.
  17. Perinatal family labour supply
    historical trends and the modern experience
    Author: Skuterud, Mikal
    Published: 2008
    Publisher:  Dep. of Economics, Univ. of Waterloo, Waterloo, Ont.

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    W 755 (08.001)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Waterloo economic series ; 08,001
    Subjects: Familienplanung; Weibliche Arbeitskräfte; Karriereplanung; Erwerbsverlauf; Arbeitsangebot; Männer; Frauen; Kanada
    Scope: 35 S., graph. Darst.
  18. The Italian job
    match rigging, career concerns and media concentration in Serie A
    Published: 2008
    Publisher:  IZA, Bonn

    This paper contributes to the literature on competition and corruption, by drawing on records from Calciopoli, a judicial inquiry carried out in 2006 on corruption in the Italian soccer league. Unlike previous studies, we can estimate the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 4 (3745)
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    This paper contributes to the literature on competition and corruption, by drawing on records from Calciopoli, a judicial inquiry carried out in 2006 on corruption in the Italian soccer league. Unlike previous studies, we can estimate the determinants of match rigging and use this information in identifying corruption episodes in years in which there are no pending judicial inquiries. We find evidence of corruption activity well before Calciopoli. Career concerns of referees seem to play a major role in match rigging. An implication of our study is that a more transparent selection of the referees and evaluation of their performance is essential in removing incentives to match rigging. Another implication is that in presence of significant "winners-take-all" effects, more competitive balance may increase corruption unless media concentration is also significantly reduced. -- Concentration ; corruption ; career concerns ; random effect ordered probit ; Monte Carlo simulations ; soccer

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/35480
    Series: IZA discussion papers ; 3745
    Subjects: Fußball; Profisport; Betrug; Korruption; Wettbewerb; Schiedsgerichtsbarkeit; Karriereplanung; Mediensektor; Medienwettbewerb; Italien
    Scope: Online-Ressource (PDF-Datei: 46 S.), graph. Darst.
  19. Staufenbiel
    Consulting : der Karriere-Ratgeber
    Published: 2006-2011; anfangs; -17.2010
    Publisher:  Staufenbiel Inst., Köln ; Staufenbiel-Institut für Studien- und Berufsplanung ; Staufenbiel Media

    Location:
    Deutsche Nationalbibliothek
    Signature:
    Z 2007 B 439
    Availability information
    10.2006/07(2006) - 19.2011
    Location:
    Deutsche Nationalbibliothek
    Signature:
    Z 2007 B 439
    Availability information
    10.2006/07(2006) - 19.2011

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    Karlsruher Institut für Technologie, KIT-Bibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    V 6139
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    12.2007/08(2007) - 19.2011
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    Universität Ulm, Kommunikations- und Informationszentrum, Bibliotheksservices
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    Source: Union catalogues
    Language: German
    Media type: Journal
    Format: Print
    ISSN: 1861-2563
    Subjects: Arbeitsmarktintegration; Berufswahl; Karriereplanung; Unternehmensberatung
    Scope: 27 cm
    Notes:

    Ersch. unregelmäßig
  20. On the sorting of physicians across medical occupations
    Published: 2008
    Publisher:  IZA, Bonn

    We model the sorting of medical students across medical occupations and identify a mechanism that explains the possibility of differential productivity across occupations. The model combines moral hazard and matching of physicians and occupations... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 4 (3862)
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    We model the sorting of medical students across medical occupations and identify a mechanism that explains the possibility of differential productivity across occupations. The model combines moral hazard and matching of physicians and occupations with pre-matching investments. In equilibrium assortative matching takes place; more able physicians join occupations less exposed to moral hazard risk, face more powerful performance incentives, and are more productive. Under-consumption of health services relative to the first best allocation increases with occupational (moral hazard) risk. Occupations with risk above a given threshold are not viable. The model offers an explanation for the persistence of distortions in the mix of health care services offered, the differential impact of malpractice risk across occupations, and the recent growth in medical specialization. -- Performance measurement ; moral hazard ; incentives ; matching ; pre-matching investment ; career choice ; medical specialization

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/35611
    Series: IZA discussion papers ; 3862
    Subjects: Ärzte; Gesundheitswesen; Berufswahl; Karriereplanung; Moral Hazard; Leistungsentgelt; Arbeitsteilung; Theorie
    Scope: Online-Ressource (PDF-Datei: 34 S.)
  21. Pathways for women to obtain positions of organizational leadership
    the significance of mentoring and networking
    Published: 2008
    Publisher:  Ross School of Business, Ann Arbor, Mich.

    Location:
    Staats- und Universitätsbibliothek Bremen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 68 (1117)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 2027.42/61158
    Series: Ross School of Business working paper series ; 1117
    Subjects: Weibliche Führungskräfte; Karriereplanung; Coaching; Soziales Netzwerk; Arbeitnehmerschutz; Organisationssoziologie
    Scope: Online-Ressource (67 S., 333 KB)
  22. On the sorting of physicians across medical occupations
    Author: Courty, Pascal; Marschke, Gerald
    Published: 2008

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1 (14502)
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    Unlimited inter-library loan, copies and loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: NBER working paper series ; 14502
    Subjects: Ärzte; Gesundheitswesen; Berufswahl; Karriereplanung; Moral Hazard; Leistungsentgelt; Arbeitsteilung; Theorie
    Scope: 33 S.
  23. Traveling agents
    political change and bureaucratic turnover in India
    Author: Lakshmi Iyer; Mani, Anandi
    Published: 2008
    Publisher:  Bureau for Research and Economic Analysis of Development, [S.l.]

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Speicherung
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: BREAD working paper ; 178
    Subjects: Öffentlicher Dienst; Büroberufe; Karriereplanung; Bürokratie; Indien
    Scope: Online-Ressource (34, [14] S.), graph. Darst.
  24. Good and bad consistency in regulatory decisions
    Author: Menezes, Flávio Marques; Roessler, Christian
    Published: 2008
    Publisher:  Univ. of Queensland, Brisbane

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 17 (376)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: School of Economics discussion paper series ; 376
    Subjects: Regulierungstheorie; Karriereplanung; Anreiz; Entscheidungstheorie
    Scope: Online-Ressource (20 S.), graph. Darst.
  25. Promotion tournaments in market equilibrium
    Published: 2008
    Publisher:  Dep. of Economics, Queen's Univ., Kingston, Ont.

    Standard models of promotion tournaments assume that firms can commit to arbitrary tournament prizes. In this paper, a firm's ability to adjust tournament prizes is constrained by the outside labor market, through the wages other firms are willing to... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 216 (1193)
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    Standard models of promotion tournaments assume that firms can commit to arbitrary tournament prizes. In this paper, a firm's ability to adjust tournament prizes is constrained by the outside labor market, through the wages other firms are willing to offer to the promoted and unpromoted workers. The paper shows that sufficiently patient firms may be able to retain some control over the tournament prizes through a relational contract, but if the firms are competitive, full efficiency does not obtain in equilibrium even for discount factors arbitrarily close to one. Full efficiency, however, may be feasible in firms with supranormal profits (monopolistic firms). The paper also shows that a minimum wage regulation distorts the workers' investments in human capital by restricting the firms' abilities to design efficient promotion tournaments. A minimum wage thus leads to underinvestment in competitive firms, but could lead to excessive human capital accumulation in monopolistic firms. -- Promotion tournaments ; Relational contracts

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/67734
    Series: Queen's Economics Department working paper ; 1193
    Subjects: Erwerbsverlauf; Karriereplanung; Lohn; Wettbewerb; Leistungsmotivation; Theorie
    Scope: Online-Ressource (34 S.)