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This paper presents a model of employee poaching with asymmetric employer learning. Firms poach managers not only due to their track record but also for their personnel-specific information about workers. In equilibrium,...Read more...
Yi Chen, Fabiano Dal-Ri, Thomas Jungbauer and Daniela Scur
13 August 2025
Job polarisation has had strong effects on US workers? relative wages, according to research by Michael Boehm. His study examines whether the decline in manufacturing and clerical jobs has been responsible for the laggin...Read more...
Michael J. Bohm
10 December 2013
Over the last two decades, earnings in the United States increased at the top and at the bottom of the wage distribution but not in the middle - the intensely debated middle class squeeze. At the same time there was a su...Read more...
10 May 2013
This paper develops a theory of technology transfer when technology is embodied in human capital and learning requires on-the-job communication between managers and workers. Patterns of knowledge diffusion depend on wher...Read more...
Thomas Sampson
27 September 2012
It is well documented that graduates enter different occupations in recessions than in booms. In this article, we examine the impact of this reallocation for long-term productivity and output across sectors. We develop a...Read more...
Michael J. Bohm and Martin Watzinger
6 May 2012
This paper develops a simple theory of pay structures and pay levels across heterogeneous agents by bringing together optimal contracts inside the firm and competitive resource allocation in the market. The central idea ...Read more...
Yanhui Wu
12 August 2011
This paper embeds a principal-agent firm in an otherwise standard trade model a la Melitz (2003) to investigate the impact of globalization on the provision of managerial incentives and on the distribution of managerial ...Read more...
11 August 2011
This paper studies the effect of managerial ownership on performance and the determinants of managerial ownership for small and medium-sized private companies. We use a panel of around 1300 firms in the German business-r...Read more...
Elisabeth Muller and Alexandra Spitz
April 2002