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Personnel Economics : The Economist's View of Human Resources
Lazear, Edward P. - 2007
In this paper, we display the tools and principles of personnel economics through a series of models aimed at addressing the questions posed above. We focus on the building blocks that form the foundation of personnel economics: the assumptions that both the worker and the firm are rational...
Persistent link: https://www.econbiz.de/10012464986
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Are Women More Attracted to Cooperation Than Men?
Kuhn, Peter J. - 2013
We conduct a real-effort experiment where participants choose between individual compensation and team-based pay. In … contrast to tournaments, which are often avoided by women, we find that women choose team-based pay at least as frequently as … gains associated with team production. Women also respond differently to alternative rules for team formation in a manner …
Persistent link: https://www.econbiz.de/10012459384
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Compensation and Firm Performance
Ehrenberg, Ronald G. - 1987
This paper uses stochastic simulation and my U.S. econometric model to examine the optimal choice of monetary policy instruments. Are the variances, covariances, and parameters in the model such as to favor one instrument over the other, in particular the interest rate over the money supply? The...
Persistent link: https://www.econbiz.de/10012476924
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Agency, Delayed Compensation, and the Structure of Executive Remuneration
Eaton, Jonathan - 1981
In this paper we examine the factors affecting the structure of executives' compensation packages. We focus particularly on the role of various types of delayed compensation as means of "bonding" executives to their firms. The basic problem is to design a compensation package that rewards...
Persistent link: https://www.econbiz.de/10012478336
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How Do Employers Use Compensation History? : Evidence From a Field Experiment
Barach, Moshe A. - 2020
% lower past average wages and hired workers with 13% lower past average wages. Conditional upon bargaining, workers hired by …
Persistent link: https://www.econbiz.de/10012479151
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Health and the Wage : Cause, Effect, Both, or Neither? New Evidence on an Old Question
Dench, Daniel - 2018
We investigate two-way causality between health and the hourly wage by employing insights from the human capital and compensating wage differential models, a panel formed from the National Longitudinal Survey of Youth 1997, and dynamic panel estimation methods in this investigation. We uncover a...
Persistent link: https://www.econbiz.de/10012480915
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Do Financial Concerns Make Workers Less Productive?
Kaur, Supreet; Mullainathan, Sendhil; Oh, Suanna; … - National Bureau of Economic Research - 2021
others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
Persistent link: https://www.econbiz.de/10012482556
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CEO Compensation
Frydman, Carola - 2010
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10012462072
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Executive Compensation : Facts
Clementi, Gian Luca - 2009
In this paper we describe the important features of executive compensation in the US from 1993 to 2006. Some confirm what has been found for earlier periods and some are novel. Important facts about compensation are that: the compensation distribution is highly skewed; each year, a sizeable...
Persistent link: https://www.econbiz.de/10012463223
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Pay for Short-Term Performance : Executive Compensation in Speculative Markets
Bolton, Patrick - 2006
We argue that the root cause behind the recent corporate scandals associated with CEO pay is the technology bubble of the latter half of the 1990s. Far from rejecting the optimal incentive contracting theory of executive compensation, the recent evidence on executive pay can be reconciled with...
Persistent link: https://www.econbiz.de/10012466561