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Reference Dependent Preferences and the Impact of Wage Increases on Job Satisfaction: Theory and Evidence
Grund, Christian; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2005
The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10005822174
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Incentives and Cooperation in Firms: Field Evidence
Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2011
unique and representative data set. Combining employee survey data with detailed firm level information on the relative … intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated …
Persistent link: https://www.econbiz.de/10008922969
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Managerial Incentives and Favoritism in Promotion Decisions: Theory and Field Evidence
Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2011
-employee survey data with detailed firm level information on managerial incentive schemes and find that perceived promotion quality is …
Persistent link: https://www.econbiz.de/10008854767