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The Relative Efficiency of Skilled Labor across Countries: Measurement and Interpretation 各国熟练劳动力的相对效率:测量与解释
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.1257/aer.20191852
Federico M. Rossi
I study how the relative efficiency of high- and low-skill labor varies across countries. Using microdata for countries at different stages of development, I document that differences in relative quantities and wages are consistent with high-skill workers being relatively more productive in rich countries. I exploit variation in the skill premia of foreign-educated migrants to discriminate between two possible drivers of this pattern: cross-country differences in the skill bias of technology and in the relative human capital of skilled labor. I find that the former is quantitatively more important, and discuss the implications of this result for development accounting. (JEL I26, J24, J31, J61, L16, O15)
我研究不同国家高技能和低技能劳动力的相对效率是如何变化的。利用不同发展阶段国家的微观数据,我证明了相对数量和工资的差异与富裕国家高技能工人相对更高的生产力是一致的。我利用受过外国教育的移民的技能溢价差异来区分这种模式的两个可能驱动因素:技术技能偏差的跨国差异和熟练劳动力的相对人力资本。我发现前者在数量上更为重要,并讨论了这一结果对发展会计的影响。(j26, j24, j31, j61, j16, j15)
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引用次数: 10
A/B Contracts A / B合同
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.1257/aer.20200732
G. Georgiadis, M. Powell
This paper aims to improve the practical applicability of the classic theory of incentive contracts under moral hazard. We establish conditions under which the information provided by an A/B test of incentive contracts is sufficient for answering the question of how best to improve a status quo incentive contract, given a priori knowledge of the agent’s monetary preferences. We assess the empirical relevance of this result using data from DellaVigna and Pope’s (2018) study of a variety of incentive contracts. Finally, we discuss how our framework can be extended to incorporate additional considerations beyond those in the classic theory. (JEL D82, D86, D91)
本文旨在提高道德风险下激励契约经典理论的实际适用性。我们建立了一个条件,在这个条件下,激励合同的A/B测试提供的信息足以回答如何最好地改善现状激励合同的问题,给定了代理人的货币偏好的先验知识。我们使用delavigna和Pope(2018)对各种激励合同的研究数据来评估这一结果的实证相关性。最后,我们讨论了如何扩展我们的框架,以纳入经典理论之外的其他考虑因素。(凝胶d82, d86, d91)
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引用次数: 3
HUMAN RESOURCE MANAGEMENT PRACTICES AND POLICIES AND EMPLOYEE ORGANIZATIONAL COMMITMENT IN BOSNIA AND HERZEGOVINA COMPANIES 波斯尼亚和黑塞哥维那公司的人力资源管理实践和政策与员工组织承诺
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.51558/2303-680x.2022.20.1.17
Nowadays, when operating in an unstable market, organizations in Bosnia and Herzegovina (BiH) are also facing a continuous outflow of qualified employees to the countries of the European Union. In order to properly respond to the challenges from the environment, the organizations in BiH are forced to take adequate measures so as to become competitive in the market, which may prove to be difficult if they do not retain skilled workforce. This paper attempts to show that by implementing appropriate human resource management (HRM) practices and policies, organizations in BiH can affect employee organizational commitment, which will result not only in market survival but also in increased competitiveness, as the experience of the organizations in the surrounding countries shows that human resources is what gives these companies a competitive advantage. The paper aimed at examining the impact of characteristics, organizational characteristics, and HRM practices focused on performance appraisal, job security, employee participation, and career planning on employee organizational commitment in BiH companies with more than 50 employees in four sectors. The empirical research was conducted on a sample of 128 companies. The results show that when it comes to employee organizational commitment, HRM practices and policies bear more importance than demographic and organizational characteristics and that there is a statistically significant positive impact of HRM practices and policies on employee organizational commitment.
如今,当在一个不稳定的市场中运作时,波斯尼亚和黑塞哥维那(BiH)的组织也面临着合格员工不断外流到欧盟国家的问题。为了适当地应对来自环境的挑战,波黑的组织被迫采取适当的措施,以便在市场上具有竞争力,如果他们不保留熟练的劳动力,这可能会证明是困难的。本文试图表明,通过实施适当的人力资源管理(HRM)实践和政策,波黑的组织可以影响员工的组织承诺,这不仅会导致市场生存,而且会增加竞争力,因为在周边国家的组织的经验表明,人力资源是什么给这些公司竞争优势。本文旨在研究特征、组织特征和人力资源管理实践的影响,重点关注绩效评估、工作保障、员工参与和职业规划对波黑公司员工组织承诺的影响,这些公司在四个部门拥有50多名员工。实证研究以128家公司为样本进行。结果表明,在员工组织承诺方面,人力资源管理实践和政策比人口统计学和组织特征更重要,人力资源管理实践和政策对员工组织承诺有统计学上显著的正向影响。
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引用次数: 0
When Should There Be Vertical Choice in Health Insurance Markets? 医疗保险市场何时应有纵向选择?
IF 10.5 1区 经济学 Q1 ECONOMICS Pub Date : 2022-01-01 DOI: 10.1257/aer.20201073
Victoria R Marone, Adrienne Sabety

We study the welfare effects of offering choice over coverage levels-"vertical choice"-in regulated health insurance markets. We emphasize that heterogeneity in efficient coverage level is not sufficient to motivate choice. When premiums cannot reflect individuals' costs, it may not be in consumers' best interest to select their efficient coverage level. We show that vertical choice is efficient only if consumers with higher willingness-to-pay have a higher efficient level of coverage. We investigate this condition empirically and find that as long as a minimum coverage level can be enforced, the welfare gains from vertical choice are either zero or economically small.

我们研究了在受监管的医疗保险市场中提供承保水平选择--"纵向选择"--的福利效应。我们强调,有效承保水平的异质性不足以促使人们做出选择。当保费不能反映个人成本时,选择其有效承保水平可能不符合消费者的最佳利益。我们的研究表明,只有当付费意愿较高的消费者拥有较高的有效保障水平时,纵向选择才是有效的。我们对这一条件进行了实证研究,发现只要最低承保水平能够得到执行,纵向选择带来的福利收益要么为零,要么在经济上很小。
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引用次数: 0
THE IMPACT OF COVID-19 ON THE IT SECTOR: WAS THE ADJUSTMENT AS EASY AS IT SEEMED? THE CASE OF CROATIA 新冠肺炎疫情对it行业的影响:调整是否像看起来那么容易?克罗地亚的案例
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.51558/2303-680x.2022.20.1.49
Julia Stanic Ružica Perié
The crisis caused by the Covid-19 pandemic affected almost all organizations, regardless of the industry in which they operate. The new working conditions created to protect the health of all employees required a new mindset and a ‘switch’ to more digitalized operations. Many organizations had to adapt or even completely change their business model in order to survive and save jobs. Since digitalized operations were already in place in the IT industry, it seemed that organizations within it had an easier adjustment process to the new pandemic conditions. But have IT companies survived the pandemic as unscathed as it seemed? The purpose of this paper is to examine how Croatian IT companies mitigated the effects of Covid-19 and how they managed their employees during this crisis. This paper examines the impact of the pandemic on employees in the IT sector and analyzes how leaders managed to ensure the psychological safety of their employees under these uncertain conditions. In addition, this paper answers whether and to what extent IT companies had to adapt their business models and what other challenges (cybersecurity, new platforms, etc.) they had to respond to. Using questionnaires and semi-structured interviews, managers and employees of ten IT companies operating in Croatia were surveyed. It was found that most IT companies experienced a short-term decline in revenue during the pandemic. The results of the research showed that companies in the IT sector also organized remote work, but unlike other sectors, employees in the IT sector were more likely to permanently switch to remote work, as they were more satisfied, motivated and productive when working remotely. Moreover, adapting to the new working conditions led IT companies to accelerate digitalization and reduce operating costs without reducing the quality of services. This research can serve as an example of good practice for all organizations looking to digitalize their business and respond to potential new, unexpected crises.
Covid-19大流行造成的危机几乎影响了所有组织,无论其经营的行业如何。为保护所有员工的健康而创造的新工作条件需要一种新的思维方式,并“转向”更加数字化的运营。为了生存和保住工作,许多组织不得不适应甚至完全改变他们的商业模式。由于it行业已经实现了数字化运营,因此it行业内的组织似乎更容易适应新的疫情情况。但IT公司是否像看起来那样毫发无损地挺过了这场大流行?本文的目的是研究克罗地亚公司如何减轻Covid-19的影响,以及他们如何在这场危机中管理员工。本文考察了疫情对IT部门员工的影响,并分析了领导者如何在这些不确定的条件下确保员工的心理安全。此外,本文还回答了IT公司是否以及在多大程度上必须调整其商业模式,以及他们必须应对哪些其他挑战(网络安全,新平台等)。通过问卷调查和半结构化访谈,对在克罗地亚运营的10家IT公司的经理和员工进行了调查。调查发现,在疫情期间,大多数It公司的收入都出现了短期下降。研究结果显示,IT行业的公司也组织了远程工作,但与其他行业不同的是,IT行业的员工更有可能永久地转向远程工作,因为他们在远程工作时更满意、更有动力、更有效率。此外,适应新的工作条件导致IT公司加速数字化,在不降低服务质量的情况下降低运营成本。这项研究可以作为一个良好实践的例子,为所有组织寻求数字化他们的业务和应对潜在的新的,意想不到的危机。
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引用次数: 0
THE INFLUENCE OF INSTAGRAM LIKES ON CONSUMER ATTITUDE AND PURCHASE INTENTION OF E-COMMERCE USERS IN BOSNIA AND HERZEGOVINA instagram点赞对波黑电商用户消费态度和购买意愿的影响
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.51558/2303-680x.2022.20.1.3
Erna Mekić Ensar Grcić-Rešidović
The popularity of social media for business and marketing is on a definite rise. Although researchers are increasingly studying various aspects of SNS (social networking sites) marketing and e-commerce, there are still few studies into the impact of Instagram due to the relatively new nature of the application. Therefore, the main objective of this study is to provide an analysis of the statistical significance of Instagram likes on consumer attitude and purchase intention on a linked e-commerce site. The secondary objective is to compare demographic data based on age, gender, and educational categories of the respondents. The final aim is to bridge the gap in literature and provide practical implications which would be useful to professionals in brand and marketing management. Based on a systematic literature review, first order structural equation model was proposed and tested. The empirical data was derived from a survey of 166 subjects in Bosnia and Herzegovina. Upon the collection of data, factor analysis was conducted in SPSS to ensure the validity and reliability through items’ loadings and Cronbach’s Alpha values. Furthermore, the empirical hypothesis testing was conducted in SmartPLS 3 in order to investigate direct effects of variables in the model. The results indicated that there is a significant statistical impact of Instagram likes on consumer attitude and purchase intention. Currently, due to the relatively recent use of the app for business and marketing purposes, there is a very limited amount of research on consumers’ involvement and attitude on Instagram and its impact on the likelihood of purchase. Therefore, one can consider the theoretical and practical implications of this study to be evident.
社交媒体在商业和营销方面的受欢迎程度正在明显上升。尽管研究人员越来越多地研究SNS(社交网站)营销和电子商务的各个方面,但由于Instagram的应用程序相对较新,因此对其影响的研究仍然很少。因此,本研究的主要目的是分析Instagram点赞对链接电商网站消费者态度和购买意愿的统计意义。第二个目标是比较基于年龄、性别和受教育程度的受访者的人口统计数据。最终目的是弥合文献上的差距,并提供对品牌和营销管理专业人士有用的实际意义。在系统回顾文献的基础上,提出并验证了一阶结构方程模型。实证数据来自对波斯尼亚和黑塞哥维那境内166名受试者的调查。收集数据后,在SPSS中进行因子分析,通过项目的加载和Cronbach’s Alpha值来保证效度和信度。此外,在SmartPLS 3中进行了实证假设检验,以调查模型中变量的直接影响。结果表明,Instagram对消费者态度和购买意愿有显著的统计影响。目前,由于该应用程序用于商业和营销目的的时间相对较短,因此关于消费者对instagram的参与和态度及其对购买可能性的影响的研究非常有限。因此,我们可以认为这项研究的理论和实践意义是显而易见的。
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引用次数: 0
FEDERAL GOVERNMENT AGRICULTURAL FINANCING AND ECONOMIC GROWTH IN NIGERIA 尼日利亚联邦政府农业融资和经济增长
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.51558/2303-680x.2022.20.1.31
This paper analyzed the impact of federal government agricultural financing on economic growth in Nigeria. The study utilized the time series data which was extracted from the Central Bank of Nigeria statistical bulletin. The properties of the variables were tested using the Augmented Dickey- Fuller unit root test. A Single equation cointegration test confirmed no cointegration and a short-run vector autoregressive model was used to analyze the data, after which the diagnostic test was carried out to confirm the normality of the series. The study revealed that federal government agricultural financing has a negative contribution to economic growth in Nigeria and was statistically insignificant. Agricultural Credit Guarantee Scheme Funds had a positive but not statistically significant contribution to economic growth and there was no causal relationship among the variables. The study concluded that federal government agricultural financing has no significant impact on economic growth in Nigeria. Therefore, the study recommended that federal government should increase funding to the agricultural sector to be able to impact positively on the economic growth of Nigeria.
本文分析了尼日利亚联邦政府农业融资对经济增长的影响。该研究利用了从尼日利亚中央银行统计公报中提取的时间序列数据。使用增广Dickey-Fuller单位根检验对变量的性质进行了检验。单方程协整检验证实无协整,并使用短程向量自回归模型分析数据,之后进行诊断检验以确认序列的正态性。该研究显示,联邦政府农业融资对尼日利亚经济增长的贡献为负,且在统计上不显著。农业信贷担保计划基金对经济增长的贡献为正但统计上不显著,变量之间不存在因果关系。该研究得出结论,联邦政府的农业融资对尼日利亚的经济增长没有显著影响。因此,该研究建议联邦政府应该增加对农业部门的资助,以便能够对尼日利亚的经济增长产生积极影响。
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引用次数: 0
CHANGES IN HOUSEHOLD AND GENERAL GOVERNMENT CONSUMPTION AND SAVINGS DURING THE COVID-19 PANDEMIC IN THE EUROPEAN UNION 2019冠状病毒病大流行期间欧盟家庭和一般政府消费和储蓄的变化
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2022-01-01 DOI: 10.51558/2303-680x.2022.20.1.59
B. Crnković
In March 2020, the COVID-19 pandemic caused a significant economic shock in countries worldwide, negatively affecting every aspect of the world economy. Due to the situation with the COVID-19 pandemic, governments imposed a lockdown on households to slow the spread of the pandemic. It was unknown how long the lockdown could last and how much impact it would have on households and the general government. Household consumption is a specific component of final GDP consumption and generally represents about 60% of GDP. Crises most often affect the individual and manifest in unplanned and unnecessary costs that affect household consumption and savings, and consequently growth and development. Eurostat states that the household savings rate of the European Union (EU) decreased in the third quarter of 2020 but was 4.5% higher than in 2019. This paper aims to analyze the differences in household consumption expenditure and net savings across the EU from 2018 until 2021 and general government consumption expenditure and net savings. In addition, it will compare the differences in household and general government consumption and savings in 2019 and 2020. This paper uses univariate statistical methods to define the differences between the EU member states and their private and public consumption expenditure and net savings. The authors will suggest further research on the topic mentioned above and provide evidence on how households should react to future pandemic situations.
2020年3月,新冠肺炎疫情对世界各国经济造成重大冲击,对世界经济的各个方面都产生了负面影响。由于covid -19大流行的情况,各国政府对家庭实施了封锁,以减缓疫情的传播。目前尚不清楚封锁会持续多久,以及它对家庭和政府的影响有多大。家庭消费是最终国内生产总值消费的特定组成部分,通常占国内生产总值的60%左右。危机最常影响个人,表现为计划外和不必要的成本,影响家庭消费和储蓄,从而影响增长和发展。欧盟统计局表示,欧盟(EU)的家庭储蓄率在2020年第三季度有所下降,但比2019年高出4.5%。本文旨在分析2018年至2021年欧盟家庭消费支出和净储蓄以及一般政府消费支出和净储蓄的差异。此外,还将比较2019年和2020年家庭和一般政府消费和储蓄的差异。本文采用单变量统计方法来定义欧盟成员国及其私人和公共消费支出和净储蓄之间的差异。作者将建议对上述主题进行进一步研究,并就家庭应如何应对未来的大流行情况提供证据。
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引用次数: 0
Imperfect Competition, Compensating Differentials, and Rent Sharing in the US Labor Market 美国劳动力市场的不完全竞争、补偿性差异和租金分担
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2021-12-28 DOI: 10.1257/aer.20190790
Thibaut Lamadon, Magne Mogstad, Bradley Setzler
We quantify the importance of imperfect competition in the US labor market by estimating the size of labor market rents earned by American firms and workers. We construct a matched employer-employee panel dataset by combining the universe of US business and worker tax records for the period 2001–2015. Using this panel data, we identify and estimate an equilibrium model of the labor market with two-sided heterogeneity where workers view firms as imperfect substitutes because of heterogeneous preferences over nonwage job characteristics. The model allows us to draw inference about imperfect competition, worker sorting, compensating differentials, and rent sharing. (JEL D24, H24, H25, J22, J24, J31, J42)
我们通过估算美国公司和工人赚取的劳动力市场租金的规模,量化了美国劳动力市场中不完全竞争的重要性。我们通过结合2001年至2015年期间美国企业和工人的税收记录,构建了一个匹配的雇主-雇员面板数据集。利用这一面板数据,我们确定并估计了一个劳动力市场的均衡模型,该模型具有双边异质性,其中工人将公司视为不完全替代品,因为他们对非工资工作特征有异质偏好。该模型允许我们得出关于不完全竞争、工人分类、补偿差异和租金共享的推论。(jl d24, h24, h25, j22, j24, j31, j42)
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引用次数: 0
Employment Structure and the Rise of the Modern Tax System 就业结构与现代税收制度的兴起
IF 10.7 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2021-12-28 DOI: 10.1257/aer.20191528
Anders Jensen
This paper builds a new microdatabase that covers 100 countries at all income levels and long-run time series in the United States (1870–2010) and Mexico ( 1960–2010) to document how the modern tax system arises over development. I establish a new set of stylized facts, which show that the income tax exemption threshold decreases in the income distribution as a country develops, tracking growth in the employee share of employment that occurs gradually further down the income distribution. Additional evidence supports the interpretation that the rise in third-party covered income through increases in employee share drives expansions of the income tax base over development. (JEL D31, H23, H24, H71, J22, J23, N40)
本文建立了一个新的微数据库,涵盖了美国(1870-2010)和墨西哥(1960-2010)的100个不同收入水平的国家和长期时间序列,以记录现代税收制度是如何随着发展而产生的。我建立了一组新的风格化的事实,这些事实表明,随着一个国家的发展,所得税免税门槛在收入分配中下降,跟踪收入分配中逐渐下降的雇员就业份额的增长。其他证据支持这样一种解释,即通过员工份额的增加而增加的第三方覆盖收入推动了所得税基数的扩大。(jl d31, h23, h24, h71, j22, j23, n40)
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引用次数: 0
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