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This paper examines the potential output gains from the implementation of optimal teacher incentive pay schemes, by calibrating the Holmstrom and Milgrom (1987) hidden action model using data from Muralidharan and Sundararaman (2011), a teacher incentive pay experiment implemented in Andhra...
Persistent link: https://www.econbiz.de/10011878506
incentives effects compared to adverse effects due to fairness considerations. We argue that the dispersion of wage increases … rather than wage levels is a crucial measure for monetary incentives in firms. The larger the dispersion of wage increases … the higher the amount of monetary incentives in firms. In contrast, huge wage inequality without any promotion …
Persistent link: https://www.econbiz.de/10002485616
effects compared to adverse effects due to fairness considerations. We argue that the dispersion of wage increases rather than … wage levels is a crucial measure for monetary incentives in firms. The larger the dispersion of wage increases the higher … the amount of monetary incentives in firms. In contrast, huge wage inequality without any promotion possibilities does not …
Persistent link: https://www.econbiz.de/10002829559
Persistent link: https://www.econbiz.de/10003758233
greater dispersion of wage increases to be associated with higher monetary incentives, but also with increased perceptions of …
Persistent link: https://www.econbiz.de/10013129049
incentives effects compared to adverse effects due to fairness considerations. We argue that the dispersion of wage increases … rather than wage levels is a crucial measure for monetary incentives in firms. The larger the dispersion of wage increases … the higher the amount of monetary incentives in firms. In contrast, huge wage inequality without any promotion …
Persistent link: https://www.econbiz.de/10013318889
Persistent link: https://www.econbiz.de/10011815547
crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785
Persistent link: https://www.econbiz.de/10000982576
We provide evidence that promotion incentives influence the effort of public employees by studying China's system of … and middle school teachers. Consistent with theory, high wage increases for promotion are associated with better …
Persistent link: https://www.econbiz.de/10012962307