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This paper examines performance in a tournament setting with different levels of inequality in rewards and different provision of information about individual's skill at the task prior to the tournament. We find that that total tournament output depends on inequality according to an inverse U...
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Looks at the role of the minimum in wage setting and how it differs among countries and over time. Discusses the differing attributes of minimum wages and their pluses and minuses.
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Purpose – The purpose of this paper is to examine innovative union use of the internet in the 2000s and to see whether the major union innovations in the USA and UK mark the advent of “open source” union structures. Design/methodology/approach – Reviews two important innovations,...
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During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States...
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