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This paper investigates the effect of co-worker characteristics on wages, measured by the average person effect of coworkers in a wage regression. The effect of interest is identified from within-firm changes in workforce composition, controlling for person effects, firm effects, and...
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A worker's utility may increase in his own income, but envy can make his utility decline with his employer's income … various assumptions about the object and generality of envy. Envy amplifies the effect of incentives on effort and, therefore …, increases optimal incentive pay. Moreover, envy can make profitsharing optimal, even when the worker's effort is fully …
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envy. One view of modern society is that it is systematically developing a set of institutions - such as social media and … the psychological health of our citizens? This paper reports the first large-scale longitudinal research into envy and its … susceptible. Levels of envy fall as people grow older. This longitudinal finding is consistent with a cross-sectional pattern …
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