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Does high involvement management lead to higher pay?

Böckerman, Petri; Bryson, Alex; Ilmakunnas, Pekka - London School of Economics (LSE) - 2011

Using nationally representative survey data for Finnish employees linked to register data on their wages and work histories we find wage effects of high involvement management (HIM) practices are generally positive and significant. However, employees with better wage and work histories are more...

Persistent link: https://www.econbiz.de/10011071162

Interoperability and market foreclosure in the European Microsoft case

Kuhn, Kai Uwe; Van Reenen, John - London School of Economics (LSE) - 2008

incentives and (b) innovation effects of the proposed remedy. We discuss the economic basis for the Commission’s claims that … and argue that the effects on innovation are not unambiguously negative as Microsoft claim. We conclude with some general … implications of the case for anti-trust enforcement in high innovation sectors. …

Persistent link: https://www.econbiz.de/10010746007

Carbon taxes, path dependency and directed technical change: evidence from the auto industry

Aghion, Philippe; Dechezlepretre, Antoine; Hemous, David; … - London School of Economics (LSE) - 2012

innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10011071158

Rise of the machines: the effects of labor-saving innovations on jobs and wages

Feng, Andy; Graetz, Georg - London School of Economics (LSE) - 2015

How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two...

Persistent link: https://www.econbiz.de/10011183330

CEO incentive contracts in China: why does city location matter?

Bryson, Alex; Forth, John; Zhou, Minghai - London School of Economics (LSE) - 2013

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/10010884490

Hierarchic contracting

Sanchez, Miguel A.; Hortala-Vallve, Rafael - London School of Economics (LSE) - 2005

We analyze the contracting structure in a moral hazard setting with several agents where output is produced jointly and is the only contractible variable. Since the salary of each agent is a function of all agents efforts, a positive externality arises between them. This externality is not...

Persistent link: https://www.econbiz.de/10010928768

Is seniority-based pay used as a motivation device? Evidence from plant level data

Bayo-Moriones, Alberto; Galdon-Sanchez, Jose E.; Guell, Maia - London School of Economics (LSE) - 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,...

Persistent link: https://www.econbiz.de/10010745067

Do organisational climate and strategic orientation moderate the relationship between human resource management practices and productivity?

Neal, Andrew; West, Michael A.; Patterson, Malcolm G. - London School of Economics (LSE) - 2004

Contingency formulations of Human Resource Management (HRM) theory suggest that the effectiveness of HRM practices should vary across firms. This study examined whether the relationship between HRM practices and productivity in manufacturing companies is contingent upon organizational climate...

Persistent link: https://www.econbiz.de/10010745074

The de-collectivisation of pay setting in Britain 1990-1998: incidence, determinants and impact

Charlwood, Andy - London School of Economics (LSE) - 2005

Overall, collective bargaining coverage has dropped by around fourteen percentage points. This paper investigates the causes and consequences of the decline in collective bargaining in Britain between 1990 and 1998. One in three workplaces that practiced collective bargaining in 1990 had...

Persistent link: https://www.econbiz.de/10010745126

It's a family affair: the effect of union recognition and human resource management on the provision of equal opportunities in the UK

Fernie, Sue; Gray, Helen - London School of Economics (LSE) - 2002

Equal opportunities policies and family-friendly practices are examined using data from the 1998 Workplace Employee Relations Survey in order to assess (i) their associations with union recognition and strategic human resource management and (ii) the outcomes of what has recently been described...

Persistent link: https://www.econbiz.de/10010745242