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Corporate Hierarchies Under Employee Representation
Belloc, Filippo - 2020
This paper analyzes whether workplace employee representation (ER) affects the design of firm hierarchies. We rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends on the trade-off between communication and knowledge...
Persistent link: https://www.econbiz.de/10012822863
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Turning Relative Deprivation into a Performance Incentive Device
Stark, Oded; Kosiorowski, Grzegorz - 2021
The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...
Persistent link: https://www.econbiz.de/10013250257
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Demand Stimulus as Social Policy
Auerbach, Alan J.; Gorodnichenko, Yuriy; Murphy, Daniel - 2022
effects of general demand shocks and explore reasons for the differential effects of the shocks …
Persistent link: https://www.econbiz.de/10014076469
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Time-Poor, Working, Super-Rich
Corneo, Giacomo - 2017
the macroeconomic level, this can generate a lack of effective demand. With some qualifications, these findings carry over …
Persistent link: https://www.econbiz.de/10012963868
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Measuring Immigration's Effects on Labor Demand : A Reexamination of the Mariel Boatlift
Bodvarsson, Orn B.; Lewer, Joshua J.; van den Berg, Hendrik - 2021
scant attention is that immigrants, as consumers of the goods they help produce, contribute to their own demand. We examine … the effects of an immigration shock on labor demand by testing a general equilibrium model in which imperfectly … substitution of immigrants for natives; (ii) out-migration; and (iii) stimulation of labor demand. According to (iii), native wages …
Persistent link: https://www.econbiz.de/10013316921
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Managers and Productivity Differences
Guner, Nezih - 2016
We document that for a group of high-income countries (i) mean earnings of managers tend to grow faster than for non managers over the life cycle; (ii) the earnings growth of managers relative to non managers over the life cycle is positively correlated with output per worker. We interpret this...
Persistent link: https://www.econbiz.de/10013002439
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Inputs, Incentives, and Self-Selection at the Workplace
Amodio, Francesco - 2019
This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at the workplace. Using daily records from a Peruvian egg production plant, we exploit a sudden change in the worker salary structure and find that workers' effort, firm profits,...
Persistent link: https://www.econbiz.de/10012857695
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Cognitive Performance in the Home Office - Evidence from Professional Chess
Künn, Steffen - 2020
During the recent COVID-19 pandemic, traditional (offline) chess tournaments were prohibited and instead held online. We exploit this as a unique setting to assess the impact of moving offline tasks online on the cognitive performance of individuals. We use the Artificial Intelligence embodied...
Persistent link: https://www.econbiz.de/10012827997
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Workplace Incentives and Organizational Learning
Amodio, Francesco; Martinez-Carrasco, Miguel - 2021
This paper studies learning within organizations when incentives change. We use a simple principal-agent model to show how, in the presence of imperfect information over the shape of the production function, worker's effort choice changes over time as information is disclosed and processed. We...
Persistent link: https://www.econbiz.de/10013314904
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Optimal Price Indices for Targeting Inflation Under Incomplete Markets
Anand, Rahul - 2010
-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …
Persistent link: https://www.econbiz.de/10013139035