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We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the outset objective performance measures of pro fits in each branch were only available on the branch level and managers allocated bonuses to their employees based on subjective...
Persistent link: https://www.econbiz.de/10010338944
non-financial incentives and test their effect on effort and performance of students. Our identification strategy exploits … cross-cohort experimental variation in assessment rules and within course variation in incentives to determine their impact … on the performance in exams. We find these incentives to result in an increase in grades of 2.4 marks or about 4%. The …
Persistent link: https://www.econbiz.de/10010341634
Disabled insurance (DI) beneficiaries lose benefits if labor incomes exceed certain thresholds (so called cash-cliffs ). The high implicit taxation of employment income is considered one of the prime reasons for the low outflow from the disability insurance. This paper presents the results of...
Persistent link: https://www.econbiz.de/10010487278
incentives across time and thereby generate novel motives to distort capital accumulation decisions. We decompose intertemporal …
Persistent link: https://www.econbiz.de/10010339398
We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers responds to unexpected wage increases. Specifically, we investigate how the timing of wage increases affects efforts. We find that workers performance is about 11% higher for the...
Persistent link: https://www.econbiz.de/10010486055
incentives to the worker in the light of generous early retirement opportunities. The sociological literature on the other hand … decrease of the incentives to retire early, e.g. by a raise in the average effective retirement age, need not necessarily harm …
Persistent link: https://www.econbiz.de/10010342244
We examine empirically whether individuals evaluating used cars efficiently aggregate all relevant information on its constituent characteristics. Based on detailed field data on more than 80,000 used car offers in a large online marketplace, we provide evidence for biased information...
Persistent link: https://www.econbiz.de/10010338953
Recent laboratory evidence suggests that employees who have the extraordinary right to self-determine their wages perform better. By conducting a natural field experiment, we aim to test whether this policy actually has the predicted positive effects in a real-labor market. Employees were hired...
Persistent link: https://www.econbiz.de/10010486690
Persistent link: https://www.econbiz.de/10003296293
We report the results of a field experiment evaluating the impact of financial literacy training on teenagers between 14 and 16 years in German high schools. After the training, treated teenagers exhibit a significant increase in both interest in financial matters and self-assessed knowledge...
Persistent link: https://www.econbiz.de/10010342882