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The paper explores the consequences of macroeconomic policy for labor market outcomes in the presence of frictions. It shows how policy may be useful in overriding frictions, as well as how it might generate adverse outcomes. The analysis looks at the main tools of macroeconomic policy and...
Persistent link: https://www.econbiz.de/10011406721
, an additionally provided monthly application decreases the length of spells by 4%. In line with theory, we further find …
Persistent link: https://www.econbiz.de/10011902999
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately,...
Persistent link: https://www.econbiz.de/10011647661
that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …
Persistent link: https://www.econbiz.de/10011612830
crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785
This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at … and managers shape the response to incentives and self-selection at the workplace. …
Persistent link: https://www.econbiz.de/10012147088
Research consistently finds more workplace injuries occur on Mondays than on other weekdays. One hypothesis is that workers fraudulently claim that off-the-job weekend sprains and strains occurred at work on the Monday in order to receive workers' compensation. We test this using data from New...
Persistent link: https://www.econbiz.de/10012149017
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10012596233
of incentives, with the peculiar features of being awarded in public, and of having largely symbolic value. Informed by … incentives and prizes. The conceptual factors highlighted by our analytical framework are then tested through a laboratory … experiment. The experimental exercise aims to analyze how prizes and incentives impact actual individuals' behavior differently …
Persistent link: https://www.econbiz.de/10011996034
effect of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven …
Persistent link: https://www.econbiz.de/10003716521