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We present new evidence of the correlation of height with important socioeconomic outcomes, finding the height profile is significantly non linear at mean height, especially for males. We trace this non linearity back to the adult height profiles of cognitive scores from the teenage and...
Persistent link: https://www.econbiz.de/10012480270
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring, goal setting, and the use of incentives - are mediated through employee decision-making and...
Persistent link: https://www.econbiz.de/10012456573
Using several microeconomic data sets from the United States and the Netherlands, and the examples of height and beauty, this study examines whether: 1) Absolute or relative differences in a characteristic are what affect labor-market and other outcomes; and 2) The effects of a characteristic...
Persistent link: https://www.econbiz.de/10012460536
Taller workers earn more, particularly in lower income settings. It has been argued that adult height is a marker of …
Persistent link: https://www.econbiz.de/10012456385
Supervisors occupy central roles in production and performance monitoring. We study how heterogeneity in performance evaluations across supervisors affects employee and supervisor careers and firm outcomes using data on the performance system of a Scandinavian service sector firm. We show that...
Persistent link: https://www.econbiz.de/10012455330
Performance pay in general amounts to only a small fraction of total pay. In this paper, we show that performance pay is nevertheless important for the level and dynamics of wages over the life cycle because of the incentives it indirectly provides for human capital acquisition and because of...
Persistent link: https://www.econbiz.de/10013334409
document an economically significant correlation of incentive pay with both the level and volatility of bank trading income …. Moreover, pre-crisis incentive pay appears too strong for an optimal trade-off between trading income and risk which maximizes … the NPV of trading income …
Persistent link: https://www.econbiz.de/10012458200
under the assumption that parental income is the main source of heterogeneity. We explicitly model the variability and …
Persistent link: https://www.econbiz.de/10012471089
, and difficulty in identifying which of several mechanisms (returns, bargaining power, income, etc.) link the two. To …
Persistent link: https://www.econbiz.de/10012462632
This paper considers the interpretation of "Mincer rates of return." We test and reject the Mincer model. It fails to track the time series of true returns. We show how repeated cross section and panel data improves the ability of analysts to estimate the ex ante and ex post marginal rate of...
Persistent link: https://www.econbiz.de/10012467134