We use monthly personnel records of a large German company to analyse the gender wage gap (GWG). Main findings are: (1) the unconditional GWG is 15 percent for blue-collar and 26 percent for white-collar workers; (2) conditional on tenure, entry age, schooling, and working hours, the GWG is 13...

We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...

Organizations constantly strive to unleash their entrepreneurial potential to keep up with market and technology changes. To this end, they engage employees in practices like corporate crowdsourcing, incubators, accelerators or hackathons. These organizational practices emulate independent...

Ambition as the desire for personal achievement is an important driver of behavior. Using laboratory experiments, we study the role of social influence on ambition in two distinct domains of achievement, namely performance goals and task complexity. In the first case, participants set themselves...

Many firms use subjective performance appraisal systems due to lack of objectiveperformance measures. In these cases, supervisors usually have to rate the performance oftheir subordinates. Using such systems, it is a well established fact that many supervisorstend to assess the employees too...

We model deferred compensation as a share of an uncertain futureprofit granted by a financially constrained employer to her employeein mutual agreement. Deferred compensation serves as a retentionmechanism, helping the employer to avoid bankruptcy. The optimalcombination of cash and deferred...

Ein moderner und nachhaltiger Sozialstaat braucht eine gesunde Mischung aus staatlicher Fürsorge und Eigenverantwortung. Die Hartz-Reformen versuchten, die richtige Mischung mit dem Prinzip des Förderns und Forderns in der Grundsicherung herzustellen. Zahlreiche Menschen sind seither nicht...

Internationally, there is no consensus concerning the legal and moral judgment of prostitution. Nevertheless, there is an overwhelming agreement on the need to fight sexual slavery. We analyze how a law - introduced to punish clients of commercial sex services - affects market outcomes. More...

Doğrusal olmayan yapıdaki iktisadi değişkenler uzun yıllar doğrusal modeller araçları ile analiz edilmiş bu nedenle de gerçek hayatı açıklamada yetersiz kalmıştır. Son dönemde yapılan çalışmalar sonucunda doğrusal olmayan zaman serileri analizlerinin özellikle makro...

We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...