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What does US money market mutual fund reform portend for the European Union?
Lewis, Craig M.; Schlag, Christian - 2014
On 23 July 2014, the U.S. Securities and Exchange Commission (SEC) passed the "Money Market Reform: Amendments to Form PF ," designed to prevent investor runs on money market mutual funds such as those experienced in institutional prime funds following the bankruptcy of Lehman Brothers. The...
Persistent link: https://www.econbiz.de/10010421111
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Sharing one's fortune? An experimental study on earned income and giving
Tonin, Mirco; Vlassopoulos, Michael - 2013
In this paper we investigate the relationship between earnings and charitable giving. We set up a real effort …
Persistent link: https://www.econbiz.de/10010293189
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Wage dispersion and workers' effort
Rivas, Maria Fernanda; Sutter, Matthias - 2008
We study experimentally the relationship between intra-firm wage dispersion chosen by principals and workers' performance. Principals show a preference for more egalitarian wage schemes, and workers are negatively influenced by high levels of wage inequality.
Persistent link: https://www.econbiz.de/10010293416
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Inventories, employment and hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002
associated with it In particular we distinguish between employment hours and effort per worker and allow for adjustment costs …
Persistent link: https://www.econbiz.de/10010293442
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...
Persistent link: https://www.econbiz.de/10010294492
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Peers or parents? On non-monetary incentives in schools
Wagner, Valentin; Riener, Gerhard - 2015
This paper presents the result of a field experiment on the effectiveness of non-monetary incentives on pupils' achievement on a mathematical multiple choice test. Our sample consists of 2113 pupils of deprived and high-achieving secondary schools in Germany. Based on a pre-study, we compare the...
Persistent link: https://www.econbiz.de/10011386053
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Fairness and motivation
Falk, Armin - In: IZA World of Labor (2014)
fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically warranted …
Persistent link: https://www.econbiz.de/10011404832
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Goal setting and worker motivation
Goerg, Sebastian J. - In: IZA World of Labor (2015)
Employers want motivated and productive employees. Are there ways to increase employee motivation without relying solely on monetary incentives, such as pay-for-performance schemes? One tool that has shown promise in recent decades for improving worker performance is setting goals, whether they...
Persistent link: https://www.econbiz.de/10011405000
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Effort and redistribution: Better cousins than one might have thought
Buch, Claudia M.; Engel, Christoph - 2013
We use survey and experimental data to explore how effort choices and preferences for redis-tribution are linked. Under … standard preferences, redistribution would reduce effort. This is different with social preferences. Using data from the World … in effort, but that the reverse does not hold true. Using a lab experiment, we show that redistribution choices even …
Persistent link: https://www.econbiz.de/10010323858
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Delegation or Voting
Swank, Otto H.; Visser, Bauke - 2002
Collective decision procedures should balance the incentives they provide toacquire information and their capacity to aggregate private information. In a decisionproblem in which a project can be accepted or rejected once information about its qualityhas been acquired or not, we compare the...
Persistent link: https://www.econbiz.de/10010324768