validity of results obtained in lab experiments or from sports data. To address these concerns we conducted a field experiment … our experimental design, indicating that the non-experimental results are completely due to sorting. Treatment only …

A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of …

talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort … incentives downward in order to extract rents. More generally, as declining market frictions lead employers to compete more …, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …

, spatial sorting of skills is at work and explains a great deal of spatial wage variability. We further show that this sorting … sorting of firms is instead quite weak. In the paper, we also find support of self-selection of migrants based on skills and a …

between them. The model can replicate stylised facts about sorting, agglomeration, and selection in cities. It can also …