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The Dynamic Effects of Educational Accountability
Macartney, Hugh - 2015
This paper provides the first evidence that value-added education accountability schemes induce dynamic distortions. Extending earlier dynamic moral hazard models, I propose a new test for ratchet effects, showing that classroom inputs are distorted less when schools face a shorter horizon over...
Persistent link: https://www.econbiz.de/10013037138
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Performance pay and prior learning : evidence from a retail chain
Manthei, Kathrin; Sliwka, Dirk; Vogelsang, Timothy J. - 2018
We run two field experiments within a large retail chain showing that the effectiveness of performance pay crucially hinges on prior job experience. Introducing sales-based performance pay for district- and later for store-managers, we find negligible average treatment effects. Based on surveys...
Persistent link: https://www.econbiz.de/10011916585
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Rise to the challenge or not give a damn : differential performance in high vs. low stakes tests
Attali, Yigal; Neeman, Zvika; Schlosser, Analia - 2011
This paper studies how different demographic groups respond to incentives by comparing performance in the GRE …. -- gender ; competition ; incentives ; GRE ; high stakes ; low stakes ; test score gap …
Persistent link: https://www.econbiz.de/10009306326
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Incentive pay and performance : insider econometrics in a multi-unit firm
Bogaard, Hein; Švejnar, Jan - 2013
productivity, but they also underscore the risks of quantity-based incentives where quality is important. …
Persistent link: https://www.econbiz.de/10010224591
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Differentiation and performance : an empirical investigation on the incentive effects of bonus plans
Kampkötter, Patrick; Sliwka, Dirk - 2011
in a simple model that the perceived degree of past differentiation affects future incentives. We then study the impact … ; incentives …
Persistent link: https://www.econbiz.de/10009516885
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Promotion Incentives, Performance Pay, and Human Capital Acquisition
Strych, Jan-Oliver - 2015
The paper provides empirical evidence how promotion incentives and performance pay are related to nonverifiable human … incentives are positively related to nonverifiable firm-specific human capital acquisition whereas individual performance pay (i … to such general human capital acquisition and there is no such relation for promotion incentives …
Persistent link: https://www.econbiz.de/10013010517
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Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data
Bayo Moriones, José Alberto; Galdon-Sanchez, Jose E.; … - 2021
the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …
Persistent link: https://www.econbiz.de/10013319025
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Financial constraints and moral hazard : the case of franchising
Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - 2016
Financial constraints are considered an important impediment to growth for small businesses. We study theoretically and empirically the relationship between the financial constraints of agents and the organizational decisions and growth of principals, in the context of franchising. We find that...
Persistent link: https://www.econbiz.de/10011491589
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Financial constraints and moral hazard : the case of franchising
Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - 2013
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10010202908
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Financial constraints and moral hazard : the case of franchising
Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - 2013
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10010210716