knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

- as stressed by psychologists - in that they undermine intrinsic motivation. As a result, they may be only weak … motivation, while offers of help may create a dependence. More generally, we identify when the hidden costs of rewards are a myth …

the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides …

effort. Self-confidence thus enhances motivation, and this gives a time--inconsistent individual a strong incentive to build …

While foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be …

assuming that the traded goods sector is competitive while the non-traded goods sector is oligopolistic, I show that real wages …