brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … service motivation. We find that, if demand for public sector output is not too high, the equilibrium return to managerial … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …

convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

This paper investigates the role of intrinsic and extrinsic motivation in choosing a teaching career using data from … and job amenities (such as motivation for the job, job security, and work/family life balance) have a different influence … schools. Notwithstanding evidence of positive selection into teaching in terms of cognitive ability and motivation for the job …

that choosing a manager who has a preference to spend resources for social causes can increase employee motivation. In turn …, ex-post losses in shareholder value may be offset by ex-ante gains in performance through higher employee motivation …

, however, with a minority of workers report crowding in of motivation. Thus, the impact of performance pay might depend on the …

mission-oriented organizations is important to explain empirical findings of lower wages and high motivation in the latter …