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linked workerestablishment-firm dataset that covers 31 million workers in Germany. For validation, we exploit survey …We propose a novel measure for workers' financial incentives based on withinestablishment wage differences among … similar workers from the same occupation. This measure captures all forms of incentive pay that lead to workeremployer …
Persistent link: https://www.econbiz.de/10012297490
Das internationale Bankensystem stand in den vergangenen Jahren im Fokus des öffentlichen Interesses. Bei der Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in den Fokus. Der vorliegende Forschungsbericht widmet...
Persistent link: https://www.econbiz.de/10011742813
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/10009681440
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/10009686875
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/10013089005
While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were …. -- Executive compensation ; incentives ; corporate governance ; Germany …
Persistent link: https://www.econbiz.de/10003850497
While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were …
Persistent link: https://www.econbiz.de/10010305700
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker …'s effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers … incentives. We empirically examine these predictions using data from the German Socio-Economic Panel. We find that workers who …
Persistent link: https://www.econbiz.de/10003941532
Although a broad field of literature on incentive theory exists, employer-provided tangible goods (hereafter called benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our study, we test some of his findings by drawing on a...
Persistent link: https://www.econbiz.de/10009530328
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker …'s effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers … incentives. We test these predictions using German Socio-Economic Panel data. We find that workers who are more reciprocal are …
Persistent link: https://www.econbiz.de/10011377049