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 …

Empirical research on the principal-agent model has focused almost exclusively on the incentives provided to chief … executive officers. However, the model is also directly relevant to the incentives provided to other top executives. Furthermore …, the extent to which other executives will be provided with high-powered incentives to maximize firm profits depends …

compensation is more relevant for maintaining long-term incentives when the other compensation components are temporarily …

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 …

promotion incentives are tested using panel data on primary and middle school teachers in western China. Consistent with theory …We provide the first evidence that promotion incentives can influence effort of employees in the public sector by …