Bayo-Moriones, Alberto; Sánchez, Galdón; Enrique, José; … - C.E.P.R. Discussion Papers - 2004
In this Paper we use data from industrial plants to investigate if seniority-based pay is used as a motivational device for production workers. Alternatively, seniority-based pay could simply be a wage-setting rule not necessarily related to the provision of incentives. Unlike previous papers,...