We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less … à la mesure de la performance. Lorsque ces coûts sont élevés, le principal préférerait des travailleurs plus envieux; à …

We attempt to answer the following questions: What are the revaluation effects and the impact on performance … liberalization across firms. Large firms tend to exhibit large revaluation effects, insignificant change in performance, large …, improved performance, smaller decline in volatility and decreases in correlation after liberalization. These results hold after …

By using a large new panel of individual data, including objective measures of worker performance, we provide some of … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay-performance …

country data to study the effect of product market regulation and reform on a country’s macroeconomic performance. After a …

We explore the relation between the establishment of a regulatory agency and the performance of the electricity sector …