Similar Search Results

What is the cost of retaining and attracting exceptional talents? Evidence from the Canada Research Chair program

Courty, Pascal; Sim, John - 2012

The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on … retaining top talents, we infer that the compensation cost of doing so is modest. In addition, only a small fraction of the CRC … grants have been passed through to professors as compensation increases. This is despite the fact that universities report …

Persistent link: https://www.econbiz.de/10010290444

Walk the line: Conflict, state capacity and the political dynamics of reform

Jain, Sanjay; Majumdar, Sumon; Mukand, Sharun - 2011

This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...

Persistent link: https://www.econbiz.de/10010290452

Monetary reference points of managers: An empirical investigation of status quo preferences and social comparisons

Grund, Christian; Martin, Johannes - 2012

social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts … of the compensation package of managers. Making use of a unique panel data set of managers of the German chemical sector …, we find that social comparisons of compensation indeed affect reported job satisfaction. Managers compare their total …

Persistent link: https://www.econbiz.de/10010291337

Experimental Evidence on Credit Constraints

Bando, Rosangela; Uribe, Claudia - 2016

Credit constraints are central to development economics theory. However, there is scant direct evidence that supports the existence of such constraints. Traditional tests observe how consumption changes after an unexpected income shock. Such changes can also result from myopic behavior or...

Persistent link: https://www.econbiz.de/10011535756

Incentive-based capital requirements

Eufinger, Christian; Gill, Andrej - 2016

approach is thus that the more the compensation structure decouples the interests of bank managers from those of shareholders …-shifting incentives caused by government guarantees and the risk-mitigating incentives created by the compensation structure offset each …

Persistent link: https://www.econbiz.de/10011539866

Awards - A View from Psychological Economics

Frey, Bruno S.; Neckermann, Susanne - 2008

Awards in the form of orders, decorations, prizes, and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit, and profit-oriented firms. This paper argues that awards present a unique combination of different stimuli and that they are distinct and unlike other...

Persistent link: https://www.econbiz.de/10012168280

Awards - A View From Psychological Economics

Frey, Bruno S.; Neckermann, Susanne - 2008

Persistent link: https://www.econbiz.de/10012168293

Teacher Performance Pay and Student Learning: Evidence from a Nationwide Program in Peru

Bellés Obrero, Cristina; Lombardi, María - 2019

We study the impact on student achievement of a nationwide teacher pay-for-performance program implemented in Peruvian public secondary schools in 2015. Schools compete in a tournament primarily based on 8th graders' performance in a standardized test, where the principal and teachers of the top...

Persistent link: https://www.econbiz.de/10012141236

Urban agglomeration and CEO compensation

Francis, Bill; Hasan, Iftekhar; John, Kose; Waisman, Maya - 2012

An underlying assumption in the executive compensation literature is that there is a national labor market for CEOs …, central cities (i.e., urban agglomeration) and the level and structure of CEO compensation. Using CEO compensation data for … driven compensation for good performance. We document gradual human capital gains acquired from big city work experience that …

Persistent link: https://www.econbiz.de/10012148151

Bankers' compensation: Sprint swimming in short bonus pools?

Jokivuolle, Esa; Keppo, Jussi - 2014

suggest that regulating leverage would be more effective than regulating bankers' compensation. …

Persistent link: https://www.econbiz.de/10012148208