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This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...
Persistent link: https://www.econbiz.de/10010274586
We analyse how physicians respond to contractual changes and incentives within amultitasking environment. In 1999 the …
Persistent link: https://www.econbiz.de/10005861144
Although an inverse relationship between sickness absence and unemployment has beendocumented in a number of studies using either quarterly or annual data from differentcountries with varying institutional frameworks, it is not yet clear whether this empiricalregularity is due to changes in the...
Persistent link: https://www.econbiz.de/10005861408
We investigate a team setting in which workers have different degrees of commitment to theoutcome of their work. We show that if there are complementarities in production and if theteam manager has some information about team members, interventions that the managerundertakes in order to assure...
Persistent link: https://www.econbiz.de/10005861441
talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort … distorts incentives downward in order to extract rents. More generally, as declining market frictions lead employers to compete …, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …
Persistent link: https://www.econbiz.de/10010293214
unemployment insurance (UI). This policy reform improved job information and sharpened bureaucratic incentives to find jobs for the … unemployment outflows. This is consistent with a model where information helps both groups, but bureaucrats were given incentives …
Persistent link: https://www.econbiz.de/10011288213
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover … effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers …' incentives. In a field experiment on snack choice (grapes versus cookies), we randomize who receives incentives, the fraction of …
Persistent link: https://www.econbiz.de/10011307500
A common observation is that individuals strive to neutralize the effect of procedural rules designed to drive choices away from their private optimum. An example of this phenomenon is offered by the reaction of Italian academia to two reforms that modified the procedures of recruitment and...
Persistent link: https://www.econbiz.de/10011401646
of any effects six months later. Our results show that incentives can work, at least temporarily, to increase healthy …
Persistent link: https://www.econbiz.de/10011401704
comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … rank-based financial incentives. Our results show that performance-ranking information had a significant motivational … effect on average performance for students, but not for that of workers. Adding financial incentives based on rank provided …
Persistent link: https://www.econbiz.de/10011420737