Bratti, Massimiliano; Staffolani, Stefano - Institute for the Study of Labor (IZA) - 2005
In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing … firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on … working hours. When effortbased career opportunities are effective, they raise working time and output per worker reducing …