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Using German establishment data, we show that the relationship between intensity of performance pay and intensity of applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is positively associated with applicant screening. By...
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How do wage and other financial benefits affect the set of candidates for political office? In this theoretical paper, we answer the question by studying self-selection into politics of individuals with heterogeneous skills and heterogeneous motivations. Our predictions are in line with the...
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In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S and (3) whether the impact of import penetration is driven by...
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A common decision that organizations make is to prioritize and allocate resources to managers of competing new product … projects. On successful completion of the projects, organizations often reward their project managers using a standardized … incentive plan; that is, they reward the success of all managers equivalently disregarding the differential amount of resources …
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