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Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with...
Persistent link: https://www.econbiz.de/10011261828
Using nationally representative survey data for Finnish employees linked to register data on their wages and work …
Persistent link: https://www.econbiz.de/10008854565
ever. That is one of the conclusions of Professor Alan Manning in a discussion of the growing popularity of minimum wages … as a way of tackling inequality - and the likelihood that it will lead to minimum wages that are much higher than we have … seen before in some parts of the world. He notes that the driving force behind higher minimum wages is that they are very …
Persistent link: https://www.econbiz.de/10010765690
A century has passed since the first call for a British national minimum wage (NMW). That remarkable Fabian tract discussed wage setting, coverage, monopsony, international labour standards, inspection and compliance and the interaction between the NMW and the social security system. The NMW was...
Persistent link: https://www.econbiz.de/10005797315
the relationship between wages and monitoring and to test for Efficiency Wages considerations in a low-wage sector, the UK …
Persistent link: https://www.econbiz.de/10005151013
All that we know about the CEO labour market in China comes from studies of public listed companies and state-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese economy. We do so using World Bank enterprise data...
Persistent link: https://www.econbiz.de/10010700445
Using panel data for all of China's public listed firms over the period 2001-2010 we examine how firms have recruited and rewarded their executives over a decade of huge growth and turbulence. CEO pay is sensitive to firm performance, although the elasticities are lower than for the United...
Persistent link: https://www.econbiz.de/10010551657
CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...
Persistent link: https://www.econbiz.de/10010610739
Despite their theoretical value in tackling principal-agent problems at low cost to firms there is almost no empirical literature on the prevalence and correlates of performance bonds posted by corporate executives. Using data for China we examine their incidence and test propositions from...
Persistent link: https://www.econbiz.de/10010535360
A number of papers have recently argued that men and women have different attitudes and behavioural responses to competition. Laboratory experiments suggest that these gender differences are very large but it is important to be able to map these findings into real world differences. In this...
Persistent link: https://www.econbiz.de/10005220066