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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

What Do We Know So Far about Multigenerational Mobility?

Solon, Gary - National Bureau of Economic Research (NBER) - 2015

“Multigenerational mobility” refers to the associations in socioeconomic status across three or more generations. This article begins by summarizing the longstanding but recently growing empirical literature on multigenerational mobility. It then discusses multiple theoretical...

Persistent link: https://www.econbiz.de/10011213643

Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

Kaplow, Louis - National Bureau of Economic Research (NBER) - 2006

The view that intergenerational distributive justice and efficiency should be treated separately is familiar, yet … distributive justice and efficiency, the choice of interest rate for discounting dollars, and how the present approach relates to …

Persistent link: https://www.econbiz.de/10005248951

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

Income Inequality and Social Preferences for Redistribution and Compensation Differentials

Kerr, William R. - National Bureau of Economic Research (NBER) - 2011

In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …

Persistent link: https://www.econbiz.de/10009395461

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