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practices improve worker productivity? For this study, we constructed our own data base through personal site visits to 26 steel … productivity, work practices, and the technology in these production lines. The empirical results consistently support the … higher levels of productivity than do more 'traditional' approaches involving narrow job definitions, strict work rules, and …
Persistent link: https://www.econbiz.de/10012473536
unionism and productivity and discusses its implications for future research on more general issues. The main focus is on (I …) conclusions as to whether unions raise or lower productivity and (2) procedures used to identify the channels through which unions … affect productivity. The studies of unions and productivity have documented large productivity differences between seemingly …
Persistent link: https://www.econbiz.de/10012476316
studies of employee attitudes and behaviors, and 27 studies of productivity and profitability (with both cross-sectional and …-owners but mixed results on satisfaction, motivation, and other measures. Perceived participation in decisions is not in itself …
Persistent link: https://www.econbiz.de/10012473598
productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such … literature on management practices and productivity. We start with some facts on levels and trends of both HRM and productivity … regulation. The largest section analyses the impact of HRM on productivity emphasizing issues of methodology, data and results …
Persistent link: https://www.econbiz.de/10012462634
We develop a dynamic equilibrium model of labor demand with adverse selection. Firms learn the quality of newly hired workers after a period of employment. Adverse selection makes it costly to hire new workers and to release productive workers. As a result, firms hoard labor and under-react to...
Persistent link: https://www.econbiz.de/10012460697
Cross-sectional differences are associated with differences in the intensity with which venture capitalists network. The observable factors relevant in explaining the intensity with which venture capitalists network include: 1) the value of the information transmitted through the network, 2) the...
Persistent link: https://www.econbiz.de/10012467333
This paper investigates the responsiveness of individuals' retirement expectations to forward-looking measures of pension wealth accumulations. While most of the existing literature on retirement has used cross-sectional variation to identify the effects of pension and Social Security wealth on...
Persistent link: https://www.econbiz.de/10012470647
Many industries are characterized by heterogeneous objectives on the part of firm owners. Owners of private firms, in particular, are likely to maximize utility, rather than profits. In this paper, we model and measure motivations of owners in on particular industry, the California wine...
Persistent link: https://www.econbiz.de/10012472070
This paper surveys two related pieces of the labor-economics literature: incentive pay and careers in organizations. In the discussion of incentives, I first summarize theory and evidence related to the classic agency model, which emphasizes the tradeoff between insurance and incentives. I then...
Persistent link: https://www.econbiz.de/10012473133
incentives tend to compress the productivity distribution of workers. This is because the relative performance of the most …
Persistent link: https://www.econbiz.de/10012476876