Whether it is better to adopt voice or exit depends on the  nature of the transaction for both  parties. The strongest voice-sustaining equilibrium is where both parties see voice as preferable to  exit. This is likely where both parties have substantial sunk costs. In other circumstances,...

  CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...

The links between unionisation and job satisfaction remain controversial. In keeping with the existing literature we find strong statistically significant negative correlations between unionisation and overall job satisfaction. However, in contrast to the previous literature we find that once...

Using a model of wage determination developed by Stevens (2003) we offer an explanation of why tenure has a negative effect when entered in job satisfaction equations. If job satisfaction measures match quality, then the explanation follows from a model of the labour market in which workers...

Key note address to POEK 2012 Personnel Economics Conference, Paderborn, Germany

Presentation to Annual WPEG Conference 2013, Sheffield.

Reports the main findings from the 2004 workplace employment relations survey (WERS 2004) conducted by the DTI, Acas, the Economic and Social Research Council and the Policy Studies Institute. This fifth survey in the series provides a nationally representative account of the state of employment...

Using nationally representative workplace data for Britain we show that over the last quarter century union voice à especially union-only voice à has been associated with poorer climate, more industrial action, poorer financial performance and poorer labour productivity than nonunion voice...

Using linked employer–employee data for all China's public listed firms over the period 2001–10, we find top executive compensation exhibits many of the traits familiar in the Western literature, although sometimes in a more muted way, and with some clear exceptions. We also find a role for...