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We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We develop a structural econometric model that identifies workers’ optimal reaction to monetary gifts received from their employer. We estimate the model using data from two separate...
Persistent link: https://www.econbiz.de/10014205491
We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We develop a structural econometric model that identifies workers' optimal reaction to monetary gifts received from their employer. We estimate the model using data from two separate...
Persistent link: https://www.econbiz.de/10013157254
Persistent link: https://www.econbiz.de/10003955119
We develop and estimate a generalized labour supply model that incorporates work effort into the standard consumption-leisure trade-off. We allow workers a choice between two contracts: a piece rate contract, wherein he is paid per unit of service provided, and a mixed contract, wherein he...
Persistent link: https://www.econbiz.de/10009007808
Persistent link: https://www.econbiz.de/10009379463
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity of workers under fixed wages and piece rates. Workers, who were paid to enter data, were exposed to different degrees of peer pressure under both payment systems. The peer...
Persistent link: https://www.econbiz.de/10003796328
Persistent link: https://www.econbiz.de/10003860952
We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We develop a structural econometric model that identifies workers' optimal reaction to monetary gifts received from their employer. We estimate the model using data from two separate...
Persistent link: https://www.econbiz.de/10003879373
We measure the response of physicians to monetary incentives using matched administrative and time-use data on specialists from Québec (Canada). These physicians were paid fee-for-service contracts and supplied a number of different services. Our sample covers a period during which the Québec...
Persistent link: https://www.econbiz.de/10011870769
Persistent link: https://www.econbiz.de/10011897862