Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … therefore on their colleagues’ productivity. We study the effects of such externalities in a competitive labor market if workers … have private information on their productivity. We find that in any competitive equilibrium there must be Pareto …

This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage … study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper …

evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker …

incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …, since their job-offer disincentives are countervailed by their job-acceptance incentives. …

tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest … incentive system without changing the incentive system. The results indicate that salience of incentives itself is statistically … and economically important for performance. We find that higher salience of incentives for quantity increases quantity …

results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

improvement over what can be achieved with an optimal income tax. The reason is that a graduated minimum wage requires high-productivity … workers to work more to earn the same income as low-productivity workers, which makes it more difficult for the former to … mimic the latter. In effect, a graduated minimum wage allows the low-productivity workers to benefit from second …