Lallemand, Thierry; Plasman, Robert; Rycx, François - In: Reflets et perspectives de la vie économique XLIV (2005) 2, pp. 63-70
performance. However, there is no consensus about the sign and shape of the relationship between wage dispersion and firm … performance. On the one hand, the ??tournament?? models (e.g., Lazear and Rosen, 1981) stress the positive influence of wage … compression within a firm by emphasising the importance of fairness and cooperation among the workforce (e.g., Akerlof and Yellen …