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Chan, Sewin - 2001

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

Love or Money? The Effects of Owner Motivation in the California Wine Industry

Morton, Fiona M. Scott - 1998

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

Incentives and Careers in Organizations

Gibbons, Robert - 1996

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

Employee Ownership, Employee Attitudes, and Firm Performance

Kruse, Douglas - 1995

-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

Incentives and Worker Behavior : Some Evidence

Weiss, Andrew - 1987

This paper is concerned with three types of incentive programs. First, individual wage incentives that cause a worker's efforts to have a major effect on his pay. Second, group incentives in which the pay of an individual is determined by the output of a group of workers-a group can be as small...

Persistent link: https://www.econbiz.de/10012476876

Carrots and Sticks : Pay, Supervision and Turnover

Leonard, Jonathan S. - 1987

Large and persistent differences across industries in wages paid for given occupations have commonly been observed. Recently, the efficiency wage model (EWM) has been advanced as an explanation for these wage differentials. The shirking version of the EWM assumes a trade-off between...

Persistent link: https://www.econbiz.de/10012476894

Motivated Errors

Exley, Christine L. - 2019

In three sets of experiments involving over 4,200 subjects, we show that agents motivated to be selfish make systematic decision errors of the kind generally attributed to cognitive limitations or behavioral biases. We show that these decision errors are eliminated (or dramatically reduced) when...

Persistent link: https://www.econbiz.de/10012480539

The Right Stuff? Personality and Entrepreneurship

Hamilton, Barton H. - 2018

entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a … reveals that the personality traits that make entrepreneurship profitable are not always the same traits driving people to … open a business. This has important consequences for entrepreneurship policies. For example, subsidies for small businesses …

Persistent link: https://www.econbiz.de/10012480659

Educational Expectations and Attainment

Jacob, Brian A. - 2010

This paper examines the role of educational expectations in the educational attainment process. We utilize data from a variety of datasets to document and analyze the trends in educational expectations between the mid-1970s and the early 2000s. We focus on differences across racial/ethnic and...

Persistent link: https://www.econbiz.de/10012462969

The Skill Composition of Immigrants and the Generosity of the Welfare State : Free vs. Policy-Controlled Migration

Cohen, Alon - 2008

The paper analyzes the effect of the generosity of the welfare state on the skill composition of immigrants. We develop a parsimonious model in which the effect of an increase in the generosity (and taxes) of the welfare state on the skill composition of immigrants under free migration is...

Persistent link: https://www.econbiz.de/10012464188

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