The two key predictions of hedonic wage theory are that there is a trade-off between wages and nonmonetary rewards and that the latter can be used as a sorting device by firms to attract and retain the kind of employees they desire. Empirical analysis of these topics are scarce as they require...

The two key predictions of hedonic wage theory are that there is a trade-off between wages and nonmonetary rewards and that the latter can be used as a sorting device by firms to attract and retain the kind of employees they desire. Empirical analysis of these topics are scarce as they require...

Die genauen Motive, warum Betriebe neben dem Lohn zusätzliche Leistungen gewähren, sind bis heute nicht geklärt. Auf der Basis des IAB-Betriebspanels aus dem Jahr 2000 untersucht die vorliegende Arbeit die existierenden Erklärungsansätze auf ihre empirische Evidenz. Dabei wird eine Vielzahl...

Profit sharing can lead to higher productivity and thus to higher firm profitability and employee wages. It may also enhance employment stability by enabling firms to adjust wages during downturns rather than lay off workers. While adoption of profit sharing increases earnings fluctuations, it...

Depicting the Philippines as a prescientific society, this paper discusses how the environment plays a significant role in shaping the culture of research and scientific productivity. Such conducive environment includes having an adequate think space, a supportive and engaging critical mass, and...