Commitment is an incredible instrument to success. Presently, people are highly committed to various things. Therefore, this research discovered that contemporary society can be categorized into two. The first group is the people that are appropriately committed to deserving things. The second...

This paper studies the rise of performance pay contracts and their aggregate effects on the labor market. First, using the Panel Study of Income Dynamics and National Longitudinal Survey of Youth, I document three patterns: (i) the share of performance pay workers grew from 15% in 1970 to 50% by...