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We critically review the emerging literature in Organizational and Personnel Economics concerning the role of managers … and management practices. Our focus is on the middle managers who populate the hierarchies between top executives and …
Persistent link: https://www.econbiz.de/10013477222
randomized controlled trial. Consistent with standard practice for training investments within firms, we asked middle managers … or favoritism. Instead, consistent with the fact that supervisor turnover comes at a large effort cost to middle managers … due to gaps in coverage and onboarding, middle managers prioritized retention over productivity impacts. Indeed, treated …
Persistent link: https://www.econbiz.de/10014322723
managers improves the efficiency of the transmission of knowledge across countries. The model further delivers the prediction …
Persistent link: https://www.econbiz.de/10012466472
How managers frame the adoption of organizational practices may impact the returns to such practices, but managerial …
Persistent link: https://www.econbiz.de/10015194993
We survey the Personnel Economics literature, focusing on how firms establish, maintain, and end employment relationships and on how firms provide incentives to employees. This literature has been very successful in generating models and empirical work about incentive systems. Some of the...
Persistent link: https://www.econbiz.de/10012462675
Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to … implement a particular task. We estimate the value of the informational advantage held by supervisors (middle managers) when …
Persistent link: https://www.econbiz.de/10012452842
Wage gaps between workers with a college or graduate degree and those with only a high school degree rose rapidly in the United States during the 1980s. Since then, the rate of growth in these wage gaps has progressively slowed, and though the gaps remain large, they were essentially unchanged...
Persistent link: https://www.econbiz.de/10012455745
covering compensation for 300,000 middle managers working at modern firms in 146 countries. We estimate that the elasticity of …
Persistent link: https://www.econbiz.de/10013435154
To what extent, if at all, did employee-owned (EO) firms maintain jobs for workers compared to non-EO firms in the spring 2020 Covid-19 shock to the US economy? Did EO firms shift jobs from workplaces to work-from-home locations in the pandemic more or less than other firms? This paper uses a...
Persistent link: https://www.econbiz.de/10015171711
We present a model in which efficient long-term employment relationships are sustained by wage adjustments prompted by productivity shocks and outside job offers. These wage adjustments occur only sporadically, due to the presence of renegotiation costs. The model is amenable to analytical...
Persistent link: https://www.econbiz.de/10015145100