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privately informed about their ability and motivation. Firms differ in their organizational form, and motivated workers are keen …
Persistent link: https://www.econbiz.de/10011703431
The effect of wage inequality on team production is an important question in labor economics. Data from sports are well … both on team performance and efficiency, using data from Major League Baseball(MLB) and a stochastic frontier model with a … more equal pay structures enhance team production. This presupposes that there is no limit to benefficial effects of …
Persistent link: https://www.econbiz.de/10012725167
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This paper uses matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs contrary to a large literature which has found evidence of income comparisons in subjective well-being. We argue that...
Persistent link: https://www.econbiz.de/10012775695
adult (34-54) workers in Italy along the wage distribution. The estimation strategy consists in using a three-way fixed …
Persistent link: https://www.econbiz.de/10011878867
pay dispersion may act as an extra incentive for employees' effort or it may reduce motivation and team cohesiveness … definitions of what constitutes a “team.” For this paper we collected a unique dataset from the men's major soccer league in Italy …. For each match we computed the exact pay dispersion of each work team and estimated its effect on team performance. Our …
Persistent link: https://www.econbiz.de/10013110041
This paper investigates the impact of wage dispersion on firm productivity in different working environments. More precisely, it examines the interaction with: i) the skills of the workforce, using a more appropriate indicator than the standard distinction between white- and blue collar workers,...
Persistent link: https://www.econbiz.de/10003817906
In The Bell Curve, Herrnstein and Murray argue that the U.S. economy is a meritocracy in which differences in wages (including differences across race and gender) are explained by differences in cognitive ability. In this paper we test their claim for wages conditional on occupation using a...
Persistent link: https://www.econbiz.de/10014176309
Matched employee-employer data from the UK are used to investigate the importance of social skills, in particular team …
Persistent link: https://www.econbiz.de/10014505307