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Wage Dispersion and Firm Productivity in Different Working Environments

Mahy, Benoît; Rycx, Francois; Volral, Mélanie - Institute for the Study of Labor (IZA) - 2009

This paper investigates the impact of wage dispersion on firm productivity in different working environments. More precisely, it examines the interaction with: i) the skills of the workforce, using a more appropriate indicator than the standard distinction between white- and blue collar workers,...

Persistent link: https://www.econbiz.de/10005762009

Base Salaries, Bonus Payments, and Work Absence among Managers in a German Company

Pfeifer, Christian - Institute for the Study of Labor (IZA) - 2012

Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...

Persistent link: https://www.econbiz.de/10010675505

The Insider-Outsider Theory: A Survey

Lindbeck, Assar; Snower, Dennis - Institute for the Study of Labor (IZA) - 2002

costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also …

Persistent link: https://www.econbiz.de/10005762091

Booth, Alison L.; Francesconi, Marco; Zoega, Gylfi - Institute for the Study of Labor (IZA) - 2003

coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …

Persistent link: https://www.econbiz.de/10005703720

Strategic Incomplete Contracts: Theory and Experiments

Erkal, Nisvan; Wu, Steven Y.; Roe, Brian E. - Institute for the Study of Labor (IZA) - 2014

We develop a model of strategic contractual incompleteness that identifies conditions under which principals might omit even costlessly verifiable terms. We then use experiments to test comparative statics predictions of the model. While it is well known that verifiability imperfections can...

Persistent link: https://www.econbiz.de/10011105069

Deferred Compensation and Gift Exchange: An Experimental Investigation into Multi-Period Labor Markets

Huck, Steffen; Seltzer, Andrew J.; Wallace, Brian - Institute for the Study of Labor (IZA) - 2004

-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 are positive. The experiment produces strong evidence that deferred … there was a strong effort response to future-period wages. We also find some evidence of gift exchange; worker players …

Persistent link: https://www.econbiz.de/10005822891

Can Higher Bonuses Lead to Less Effort? Incentive Reversal in Teams

Klor, Esteban F.; Kube, Sebastian; Winter, Eyal; … - Institute for the Study of Labor (IZA) - 2011

Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...

Persistent link: https://www.econbiz.de/10008839289

Treating Equals Unequally: Incentives in Teams, Workers' Motivation and Production Technology

Goerg, Sebastian; Kube, Sebastian; Zultan, Ro'i - Institute for the Study of Labor (IZA) - 2009

The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...

Persistent link: https://www.econbiz.de/10005566518

Are Occupations Paid What They Are Worth? An Econometric Study of Occupational Wage Inequality and Productivity

Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2011

Labour economists typically assume that pay differences between occupations can be explained with variations in productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential biases. The authors use matched employer-employee panel...

Persistent link: https://www.econbiz.de/10009293741

Globalization and the Provision of Incentives Inside the Firm: The Effect of Foreign Competition

Cuñat, Vicente; Guadalupe, Maria - Institute for the Study of Labor (IZA) - 2006

while lowerranking executives see their wages fall. Third, higher competition is associated with a higher probability of …

Persistent link: https://www.econbiz.de/10005763446