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It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011984487
Many street-level bureaucrats (such as caseworkers) have the dual task of helping some clients, while sanctioning others. We develop a model of such a street-level bureaucracy and study the implications of its personnel policy on the self-selection and allocation decisions of agents who differ...
Persistent link: https://www.econbiz.de/10005762248
This paper examines the disincentive effects of perceived underpayment on individuals? exerted effort and promotion. To … promotion, the difference between perceived and actual income has a smaller negative effect on the actual effort invested in …
Persistent link: https://www.econbiz.de/10010262812
This paper examines the disincentive effects of perceived underpayment on individuals’ exerted effort and promotion. To … promotion, the difference between perceived and actual income has a smaller negative effect on the actual effort invested in …
Persistent link: https://www.econbiz.de/10005822386
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10010262021
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10005703572
Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an …
Persistent link: https://www.econbiz.de/10010267284
Labor market theories allowing for search frictions make marked predictions on the effect of the degree of frictions on wages. Often, the effect is predicted to be negative. Despite the popularity of these theories, this has never been tested. We perform tests with matched worker-firm data. The...
Persistent link: https://www.econbiz.de/10010261542
In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...
Persistent link: https://www.econbiz.de/10010269677
essential for the rationalization of (efficiency-enhancing) tournaments. In this paper we propose an alternative rationalization … of tournaments focusing on a fully informed principal whose objective is to maximize a weighted average of the … profitability (productivity) of his team and of the promotion-seeking efforts of his employees. Our first main result clarifies the …
Persistent link: https://www.econbiz.de/10010261791