This paper examines the internal and external pressures and incentives that affect the decision to pursue capital … compensation and a unique proxy to LTGE, it is found that CAPEX and R&D projects are detrimental to firm performance as measured by …

incentives, the contribution of performance pay to rising earnings inequality, and evaluate a recently proposed counterfactual 73 …This paper studies the rise of performance pay contracts and their aggregate effects on the labor market. First, using … performance pay workers grew from 15% in 1970 to 50% by 2000, (ii) performance pay workers experience higher earnings levels and …

In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent …