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How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?
Dyballa, Katharina - 2016
Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the supervisory board could well have an interest in increasing incentive-based...
Persistent link: https://www.econbiz.de/10012984836
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Teacher Performance Pay in the United States : Incidence and Adult Outcomes
Bond, Timothy - 2018
higher wages as adults. The positive effect is concentrated in grades 1-3 and on programs that targeted schools with a higher …
Persistent link: https://www.econbiz.de/10012922455
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Paid to Perform? Compensation Profiles Under Pure Wage and Performance Related Pay Arrangements
Sessions, John G. - 2011
models where, in some regions, workers reduce effort in response to higher wages, but differs in that firms never operate in … performance related pay (PRP) flattens the pay-tenure profile. Wages and effort increase over the lifecycle, both with and without …
Persistent link: https://www.econbiz.de/10013127310
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Relative Rewards within Team-Based Compensation
Irlenbusch, Bernd - 2006
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
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Performance Pay and the Erosion of Worker Cooperation : Field Experimental Evidence
Burks, Stephen V. - 2006
We report the results of a field experiment with bicycle messengers in Switzerland and the United States. Messenger work is individualized enough that firms can choose to condition pay on it, but significant externalities in messenger behavior nonetheless give their on-the-job interactions the...
Persistent link: https://www.econbiz.de/10012780543
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Equilibrium Wage and Employment Dynamics in a Model of Wage Posting Without Commitment
Coles, Melvyn G. - 2011
which wages are not contingent on firm size but more productive employers always pay higher wages. Although the state space …
Persistent link: https://www.econbiz.de/10013121547
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Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
Pencavel, John H. - 2006
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …. Co-op wages are about 14 percent lower on average and they are more volatile (and employment less volatile) than those in …
Persistent link: https://www.econbiz.de/10012779733
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Employment and Wage Effects of Privatization : Evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Almos - 2021
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10013324983
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Healer or Gatekeeper? Physicians' Role Conflict When Symptoms are Non-Verifiable
Carlsen, Benedicte - 2017
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10012957474
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Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis : Relational Contracts with Individual and Uniform Wages
Kocher, Martin G. - 2012
that receive different wages. We present the first test of this component, which we call the fair uniform-wage hypothesis …. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However … the side of principals with uniform wages. Hence, implementing limitations to contractual freedom can have efficiency …
Persistent link: https://www.econbiz.de/10013108598