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performance of the firms. On the other hand, one can say that when productivity and efficiency increase the firms will be induced … productivity for the period 1984-2004. The results show that the causality is from wages to efficiency and productivity. Among the … variables which are expected to have influence on productivity and efficiency, oil revenue is the dominant factor. Real wages …
Persistent link: https://www.econbiz.de/10010928041
performance of the firms. On the other hand, one can say that when productivity and efficiency increase the firms will be induced … productivity for the period 1984-2004. The results show that the causality is from wages to efficiency and productivity. Among the … variables which are expected to have influence on productivity and efficiency, oil revenue is the dominant factor. Real wages …
Persistent link: https://www.econbiz.de/10010695822
Persistent link: https://www.econbiz.de/10004314641
Persistent link: https://www.econbiz.de/10010633743
Efficiency wage theories arguethat firms induce their employees to work in a moredisciplined way by paying high wages …. Two basicmechanisms have been pointed out in economics about how these wage premia motivate employees.The incentives ….Empirical evidence on the incentives approachis mixed and a thorough competitive testingagainst the gift exchange model was notpossible …
Persistent link: https://www.econbiz.de/10010989445
each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …, while worse social relationships may increase productivity and players’ utility in equilibrium. …
Persistent link: https://www.econbiz.de/10010877789
each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …, while worse social relationships may increase productivity and players' utility in equilibrium. …
Persistent link: https://www.econbiz.de/10011255564
contractual relationships between teams and players in professional team sports. Particularly, a Shapiro-Stiglitz efficiency model ….e. marginal productivity) is necessary to consider a moral hazard problem as a source or as an explanatory factor of the rigidity …
Persistent link: https://www.econbiz.de/10010616202
. The con- tract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal. We find … productivity and players utility in equilibrium. …
Persistent link: https://www.econbiz.de/10010696459