hypothesis that increased stress is one transmission mechanism. Using unique survey data from the German Socio-Economic Panel, we … find performance pay consistently and importantly associates with greater stress even controlling for a long list of … pay and stress. The risk tolerant receiving performance pay suffer less stress than the risk averse. …

randomly allocate subjects into a work task paid either by performance or a fixed payment. Stress is measured through self …-reporting and salivary cortisol. The study finds that PRP subjects had significantly higher cortisol levels and self-rated stress …

. Previous research from the US argues that alcohol use as a form of "self-medication" may be a natural response to the stress …

hypothesis that increased stress is one transmission mechanism. Using unique survey data from the German Socio-Economic Panel, we … find performance pay consistently and importantly associates with greater stress even controlling for a long list of … pay and stress. The risk tolerant receiving performance pay suffer less stress than the risk averse. …