scholarly journals Does the Market Value CEO Styles?

2016 ◽  
Vol 106 (5) ◽  
pp. 262-266 ◽  
Author(s):  
Antoinette Schoar ◽  
Luo Zuo
Keyword(s):  
Labor Market ◽  
Market Reaction ◽  
Market Value ◽  
Different Types ◽  
Limited Supply

We study how investors perceive the skill set that different types of CEOs bring into their companies. We compare CEOs who started their careers during a recession with other CEOs. We show that the announcement return around the appointment of a recession CEO is very significant and positive, and this positive market reaction is driven by cases where a recession CEO replaces a non-recession CEO. Our results indicate that the market assigns a positive and economically meaningful value to a recession CEO, suggesting that there is a limited supply of these types of CEOs in the executive labor market.

Matching While Learning

2021 ◽  
Author(s):  
Ramesh Johari ◽  
Vijay Kamble ◽  
Yash Kanoria
Keyword(s):  
Labor Market ◽  
Shadow Price ◽  
Cold Start ◽  
Bandit Problem ◽  
Different Types ◽  
The Future ◽  
Limited Supply ◽  
Cold Starts ◽  
Cold Start Problem ◽  
Multiarmed Bandit

Platforms face a cold start problem whenever new users arrive: namely, the platform must learn attributes of new users (explore) in order to match them better in the future (exploit). How should a platform handle cold starts when there are limited quantities of the items being recommended? For instance, how should a labor market platform match workers to jobs over the lifetime of the worker, given a limited supply of jobs? In this setting, there is one multiarmed bandit problem for each worker, coupled together by the constrained supply of jobs of different types. A solution is developed to this problem. It is found that the platform should estimate a shadow price for each job type, and for each worker, adjust payoffs by these prices (i) to balance learning with payoffs early on and (ii) to myopically match them thereafter.

Shortage of Skills in the Labor Market: Limited Supply, Lack of Demand, or False Signals from Employers?

2004 ◽  
pp. 76-94 ◽  
Author(s):  
V. Gimpelson
Keyword(s):  
Labor Market ◽  
Competitive Market ◽  
Skilled Workers ◽  
Industrial Enterprises ◽  
Russian Industry ◽  
General Skills ◽  
Limited Supply

The article discusses the issue of shortage of skills in the Russian industry. Using microdata from a survey of industrial enterprises, the author confirms that most of employers complain of difficulties in hiring and attaching skilled workers. In case of mass occupations, this shortage relates mostly to low efficient enterprises, which are unable or unwilling to pay competitive market going wage. More efficient and better paying firms are less likely to face shortage of general skills on the labor market but may face limited supply of specific skills.

scholarly journals The Value Of Cre In The Formulation And Implementation Process Of Real Estate Strategies In A Company

2014 ◽  
Vol 22 (1) ◽  
pp. 58-68
Author(s):  
Jan Konowalczuk ◽  
Tomasz Ramian
Keyword(s):  
Real Estate ◽  
Market Share ◽  
Property Values ◽  
Implementation Process ◽  
Market Value ◽  
Development Projects ◽  
Property Value ◽  
Different Types ◽  
A Company

Abstract One of the fundamental ways in which an advantage over competitors can be gained in business is to develop real estate portfolios in such a way that will lead to an increase in market share and value for shareholders. This serves as justification for the formulation and implementation of specific real estate strategies regarding the best manner in which to use CRE, make decisions regarding restructuring, and carry out necessary development projects, taking into account the criteria of: location, time, and procurement options. This paper presents the formulation and realization of real estate strategies, focusing on the use of the category of property value. Moreover, the authors formulate a possible classification of CRE, which is useful from the perspective of real estate strategies, in addition to identifying and evaluating different types of property values which can be used for real estate strategies. For the majority of operational properties, these categories differ from market value. The last part of the publication provides a reference of selected valuation methods used to determine the value of CRE in the context of formulating and implementing real estate strategies.

Conclusion

2017 ◽  
Author(s):  
Sarah F. Rose
Keyword(s):  
Labor Market ◽  
Public Policies ◽  
People With Disabilities ◽  
Disabled People ◽  
Policy Makers ◽  
Good Citizenship ◽  
Different Types ◽  
Paid Labor

By the 1920s, people with many different types and origins of disabilities—from tuberculosis and feeble-mindedness to amputations and blindness—had been pushed out of the paid labor market and, thereby, edged out from “good citizenship.” Most people with disabilities kept on working, although their labors were rarely recognized or compensated as such. The “problem” of disability, however, lay not in the actual bodies of disabled people, but rather in the meanings assigned to those impairments by employers and policy makers, as well as how those meanings intersected with shifting family capacities, a rapidly changing workplace, public policies aimed at discouraging dependency, and the complexity and mutability of disability itself....

scholarly journals The Political Consequences of Labor Market Dualization: Labor Market Status, Occupational Unemployment and Policy Preferences

2019 ◽  
Vol 8 (2) ◽  
pp. 362-368
Author(s):  
Tim Vlandas
Keyword(s):  
Labor Market ◽  
Policy Preferences ◽  
Political Consequences ◽  
Market Risks ◽  
Labor Market Inequality ◽  
Different Types ◽  
Market Status ◽  
Post Industrial ◽  
Industrial Societies ◽  
Cross National

AbstractThis article explores empirically how different types of labor market inequality affect policy preferences in post-industrial societies. I argue that the two main conceptualizations of labor market vulnerability identified in the insider–outsider literature are complementary: labor market risks are shaped by both labor market status—whether an individual is unemployed, in a temporary or permanent contract—and occupational unemployment—whether an individual is in an occupation with high or low unemployment. As a result, both status and occupation are important determinants of individual labor market policy preferences. In this paper, I first briefly conceptualize the link between labor market divides, risks and policy preferences, and then use cross-national survey data to investigate the determinants of preferences.

A Context-Robust Measure of the Disincentive Cost of Unemployment Insurance

2017 ◽  
Vol 107 (5) ◽  
pp. 343-348 ◽  
Author(s):  
Johannes F. Schmieder ◽  
Till von Wachter
Keyword(s):  
Labor Market ◽  
Labor Supply ◽  
Unemployment Insurance ◽  
Employment Effects ◽  
Different Types

This paper proposes a new measure of the disincentive cost of unemployment insurance (UI): the ratio of the behavioral cost (BC) to the mechanical cost (MC) of a UI reform. This measure represents the labor supply distortion relative to the additional (mechanical) transfer from the UI reform. We show the BC/MC ratio naturally arises from a model of optimal UI and can be readily computed and compared across different types of reforms and labor market contexts. We summarize the evidence regarding the BC/MC ratio for existing studies and relate it to typical measures of employment effects of UI.

scholarly journals Gender Features of Time Allocation, Gender Stereotypes and Labour Supply

Equilibrium ◽  
2011 ◽  
Vol 6 (3) ◽  
pp. 85-102
Author(s):  
Tamila Arnania-Kepuladze
Keyword(s):  
Gender Differences ◽  
Economic Development ◽  
Labor Market ◽  
Labor Supply ◽  
Time Allocation ◽  
Well Being ◽  
Working Time ◽  
Allocation Model ◽  
Men And Women ◽  
Different Types

Securing the well-being, protection of human rights and equality on the ground of age, gender, race, nationality etc along with sustainable economic development becomes the most important goal for any country. Gender differences in labor market are a problem of many countries. Being a larger demographic group, women have played a vital role in employment and economic development. Despite longstanding striving for gender equality, the inequality manifests itself in labor markets around the world. There is no common opinion on the reasons of the existence of gender differences in economic literature. After decades of research most investigators would agree that there can be no single-factor explanation for gender inequality in the labor market. One of the conventional explanations of gender gap in employment sphere includes the differences in men’s and women’s preferences in working hours due their stereotypical roles in the private and public life. This paper is focused on the study of gender feature of time allocation and its impact on the labor supply by men and women. For this purpose, based on the different types of activity, particular: income getting or in­co­me increasing promote activity, non-monetary inco­me obtain activity, income-make activity, non-income-make activity, indirect-receipts activity, the author introduces the time allocation model which includes parameters such as working time, leisure, non-working time, using time, free time and time for satisfying an individual’s physiological needs. For the attribution of different types of practice to certain kinds of activity the “principle of dominant purpose of activity” was offered. According to given time allocation model, the  pattern of features of labor supply by men and women is offered in the paper.

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