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Does Linking Worker Pay to Firm Performance Help the Best Firms Do Even Better?

Freeman, Richard B.; Kruse, Douglas L.; Blasi, Joseph R. - National Bureau of Economic Research (NBER) - 2012

This paper analyzes the linkages among group incentive methods of compensation, labor practices, worker assessments of workplace culture, turnover, and firm performance in a non-representative sample of companies: firms that applied to the "100 Best Companies to Work For in America" competition...

Persistent link: https://www.econbiz.de/10009397142

The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares

Parker, Jonathan A.; Vissing-Jorgensen, Annette - National Bureau of Economic Research (NBER) - 2010

We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of those in the top 1 percent of the income distribution...

Persistent link: https://www.econbiz.de/10008756449

The Dynamic Effects of Educational Accountability

Macartney, Hugh - National Bureau of Economic Research (NBER) - 2014

This paper provides the first evidence that value-added education accountability schemes induce dynamic distortions. Extending earlier dynamic moral hazard models, I propose a new test for ratchet effects, showing that classroom inputs are distorted less when schools face a shorter horizon over...

Persistent link: https://www.econbiz.de/10010744563

Distributional Effects of Means Testing Social Security: An Exploratory Analysis

Gustman, Alan L.; Steinmeier, Thomas; Tabatabai, Nahid - National Bureau of Economic Research (NBER) - 2014

This paper examines the distributional implications of introducing additional means testing of Social Security benefits where proceeds are used to help balance Social Security's finances. Benefits of the top quarter of households ranked according to the relevant measure of means are reduced...

Persistent link: https://www.econbiz.de/10010951055

Making the Most of Capital in the 21st Century

Lindert, Peter H. - National Bureau of Economic Research (NBER) - 2014

historical movements in inequality. This essay ranks the promise of different paths that scholars can usefully follow from the … point to which his book has guided us. The main path to follow is the income inequality history so well paved by Piketty and …'s emphasis on wealth, capital, and the rate of return. Following the income route to better inequality predictions requires …

Persistent link: https://www.econbiz.de/10010951213

Misperceptions About the Magnitude and Timing of Changes in American Income Inequality

Gordon, Robert J. - National Bureau of Economic Research (NBER) - 2009

The rise in American inequality has been exaggerated both in magnitude and timing. Commentators lament the large gap … timing of the rise of inequality is often misunderstood. By some measures inequality stopped growing after 2000 and by others … inequality has not grown since 1993. This cessation of inequality's secular rise in 2000 is evident from the growth of Census …

Persistent link: https://www.econbiz.de/10005088619

Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income

Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2005

over for the bottom 90 percent. Half of this inequality effect is attributable to gains of the 90th percentile over the 10 … price and wage adjustment that explains movements of labor's share of income. What caused rising income inequality …

Persistent link: https://www.econbiz.de/10005089202

Trends in Intergenerational Income Mobility

Solon, Gary; Lee, Chul-In - National Bureau of Economic Research (NBER) - 2006

Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results, partly because of large sampling errors. By making more efficient use of the available information in the Panel Study of Income Dynamics, we generate more reliable estimates of the...

Persistent link: https://www.econbiz.de/10005084935

Controversies about the Rise of American Inequality: A Survey

Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2008

This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill …-biased technical change; inequality among high incomes; consumption inequality; geographical inequality; and international differences …

Persistent link: https://www.econbiz.de/10005085152

Inequality, Predation and Welfare

Kim, Minseong; Grossman, Herschel I. - National Bureau of Economic Research (NBER) - 1996

This paper studies the relation between inequality and welfare in a general- equilibrium model in which people can …

Persistent link: https://www.econbiz.de/10005575782