Cornelißen, Thomas; Heywood, John S.; Jirjahn, Uwe - Forschungsbasierte Infrastruktureinrichtung … - 2008
We present a sorting model in which workers with greater ability and greater risk tolerance move into performance pay … jobs and contrast it with the classic agency model of performance pay. Estimates from the German Socio-Economic Panel … confirm testable implications drawn from our sorting model. First, prior to controlling for earnings, workers in performance …