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interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …
Persistent link: https://www.econbiz.de/10012984836
management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a … general equilibrium model. Empirical estimation, of the model's key parameters show that the rising management premium is … rising management premium produces income distribution dynamics at the firm level which are similar to those observed at the …
Persistent link: https://www.econbiz.de/10013324993
The pay determining process of CEOs of UK higher education institutions is modelled using three econometric methodologies applied to a large and unique dataset for the academic years 1997/98 through to 2005/06. A gender differential in pay is detected and this differential remains robust across...
Persistent link: https://www.econbiz.de/10013324757
study this link using the recent primary care reform in Ontario as a natural experiment and the Diabetes Management …
Persistent link: https://www.econbiz.de/10013107695
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations with and without bonuses awarded to the highest...
Persistent link: https://www.econbiz.de/10012779052
We explore the dispersion of bonus payments of managers within and between five large firms from the German chemical …
Persistent link: https://www.econbiz.de/10012959667
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker …
Persistent link: https://www.econbiz.de/10013147137
While performance pay can benefit firms and workers by increasing productivity and wages, it has also been associated …
Persistent link: https://www.econbiz.de/10014030841
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10013130457
wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the … variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …
Persistent link: https://www.econbiz.de/10012775984