This paper examines the relationship between firms’ wage offers and workers’ supply of effort using a three-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero, while third period productivity is zero and wages...

Frauen verdienen in Deutschland durchschnittlich immer noch weniger als Männer. Dies gilt auch und sogar verstärkt für Führungskräfte: Für den Zeitraum von 2010 bis 2016 ergibt sich für Vollzeitbeschäftigte in Führungspositionen ein durchschnittlicher Gender Pay Gap im...

Women still earn less than men on average in Germany. This applies to management positions even more: between 2010 and 2016, there was an average gender pay gap of 30 percent in gross hourly earnings. If gender-specific differences in relevant wage determinants are excluded, a pay gap of 11...

Wage transparency rules arguably enable workers better to assess their contribution to firm value, allowing them to make wage demands that more accurately reflect their value for the employing firm and to lower wage gaps in turn. This paper contains a formal analysis of transparency rules and...

This article investigates misclassification and antidiscrimination. Misclassification is employers' practice of classifying workers as independent contractors whom the law would categorize as employees. Misclassified workers are exempt from most federal antidiscrimination statutes, unless they...

Wage transparency rules arguably enable workers better to assess their contribution to firm value, allowing them to make wage demands that more accurately reflect their value for the employing firm. This paper contains a formal analysis of transparency rules and their effects on wages. We find...

We develop a model of implicitly biased decision-making in competitive promotions. In our model, a decision-maker needs to choose who to promote to a top position. The decision-maker always prefers a skilled agent over an unskilled one but is biased in favour of agents from a certain group when...

Frauen verdienen in Deutschland durchschnittlich immer noch weniger als Männer. Dies gilt auch und sogar verstärkt für Führungskräfte: Für den Zeitraum von 2010 bis 2016 ergibt sich für Vollzeitbeschäftigte in Führungspositionen ein durchschnittlicher Gender Pay Gap im...

Wage transparency rules arguably enable workers better to assess their contribution to firm value, allowing them to make wage demands that more accurately reflect their value for the employing firm and to lower wage gaps in turn. This paper contains a formal analysis of transparency rules and...

Women still earn less than men on average in Germany. This applies to management positions even more: between 2010 and 2016, there was an average gender pay gap of 30 percent in gross hourly earnings. If gender-specific differences in relevant wage determinants are excluded, a pay gap of 11...