Asserts that the income tax encourages the use of debt because of the deductibility of interest expense. Examines this conjecture by analyzing the interest incurred by a large sample if small, closely held corporations. Estimates regression of the level of interest on proxies for expected future...

<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>We examine how worker productivity differs when compensation is based on quantity, creativity, or the product of both measures. In an experiment in which participants design "rebus puzzles," we find that combining quantity and creativity measures in a creativity-weighted pay scheme...