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the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …
Persistent link: https://www.econbiz.de/10005822035
behavior depends critically on the way in which performance incentives are structured. In particular, relative compensation …
Persistent link: https://www.econbiz.de/10005822173
A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in …
Persistent link: https://www.econbiz.de/10005822413
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … representation of the French tax-benefit system. Our results suggest that financial incentives play a notable role in determining …
Persistent link: https://www.econbiz.de/10005822418
subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …
Persistent link: https://www.econbiz.de/10005822649
This paper examines the relationship between firms’ wage offers and workers’ supply of effort using a three-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...
Persistent link: https://www.econbiz.de/10005822891
-specific unobserved heterogeneity. Furthermore, we are able to estimate the effects of performance pay contracts in tasks of different …
Persistent link: https://www.econbiz.de/10005822964
schemes designed to encourage either participation or volume. Our results confirm the importance of incentives in that we find …
Persistent link: https://www.econbiz.de/10011214026
of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all …'s behavior. Our finding contributes to the micro-foundation of psychological effects of incentives. …
Persistent link: https://www.econbiz.de/10011252294
controlling for individual heterogeneity biases, it is shown that job utility rises only in response to 'generous' bonus payments …
Persistent link: https://www.econbiz.de/10008611510