In this paper the authors focus on aspects neglected in organizational economics. They seek to complement it by an approach, which makes motivation an endogenous variable to management. They introduce a dynamic relationship between extrinsic and intrinsic motivation into the theory of the firm.<

We study identification in a class of linear rational expectations models. For any givenexactly identified model, we provide an algorithm that generates a class of equivalentmodels that have the same reduced form. We use our algorithm to show that a modelproposed by Jess Benhabib and Roger...