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This paper uses matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs contrary to a large literature which has found evidence of income comparisons in subjective well-being. We argue that the difference hinges on the nature of the reference group. We(More)
provided us with advice and encouragement on our research program on executive compensation in China in general. The paper also benefited from comments and suggestions from participants at the Public Economic Theory Annual Meeting 2004 (Beijing), at the Economics Department seminar in Wesleyan University, and at the Department of Agricultural and Resource(More)
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs with modest employee ownership and limited voice. For(More)
Angina bullosa hemorrhagica (ABH) is an oral mucosal blood blister that develops without blood dyscrasia or vesiculobullous disorder. Although a minor mucosal trauma has been suggested as a triggering factor for ABH, its etiopathogenesis, especially the causative role of systemic conditions, is largely unknown. We investigated the presence or absence of(More)
In deciding upon whether to pursue an undergraduate education in the United States, a foreign student considers the expected probability of securing US employment after graduation. The H-1B visa provides a primary means of legal employment for college-educated foreign-nationals. In October 2003, the government drastically reduced the number of available(More)
provided us with advice and encouragement on our research program on executive compensation in China in general. The paper also benefited from comments and suggestions from participants at the Public Economic Theory Annual Meeting 2004 (Beijing) and at the Economic Department seminar in Wesleyan University. The data used in the paper are provided by(More)
provided us with advice and encouragement on our research program on executive compensation in China in general. The data used in the paper are provided by Shenzhen GuoTaiAn IT Co. and SinoFin Inc. We are grateful for support from these organizations and individuals. Abstract This paper provides the first systematic evidence on compensation for executives(More)
BACKGROUND The predictive value of T-wave alternans (TWA) for lethal ventricular tachyarrhythmia in patients with left ventricular (LV) dysfunction is controversial. Also, long-term arrhythmia risk of patients ineligible for the TWA test is unknown. METHODS This was a multicenter, prospective observational study of patients with LV ejection fraction ≤40%(More)
Racial diversity in the United States continues to rise. Past analyses have argued that diversity can have both positive and negative consequences. The overall macroeconomic effects of diversity within the US require further examination. This paper exploits variation across US regions from 1980-2000 to determine whether racial heterogeneity creates gains or(More)