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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

Trust-Based Work-Time and Product Improvements: Evidence from Firm Level Data

Godart, Olivier; Görg, Holger; Hanley, Aoife - Institute for the Study of Labor (IZA) - 2014

We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of …

Persistent link: https://www.econbiz.de/10010884337

The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature

Nathan, Max - Institute for the Study of Labor (IZA) - 2013

In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...

Persistent link: https://www.econbiz.de/10010796455

Women and Competition in Elimination Tournaments: Evidence from Professional Tennis Data

Lallemand, Thierry; Plasman, Robert; Rycx, François - Institute for the Study of Labor (IZA) - 2005

games and underdogs to be less performing. They also show that the performance differential between players increases with …

Persistent link: https://www.econbiz.de/10005566466

On the Determinants of Pay of CEOs in UK Public Sector Higher Education Institutions

Bachan, Ray - Institute for the Study of Labor (IZA) - 2008

fixed effects. There is only limited evidence that they are rewarded for the 'performance' of the institutions they manage …

Persistent link: https://www.econbiz.de/10005703830

Deception and Incentives: How Dishonesty Undermines Effort Provision

Fehr, Ernst; Ederer, Florian - Institute for the Study of Labor (IZA) - 2007

which the principal has an interest in underreporting the true performance difference between the agents in a dynamic … tournament. According to the standard approach, rational agents should completely disregard the performance feedback of self … to the feedback but discount it strongly by reducing their effort relative to fully truthful performance feedback …

Persistent link: https://www.econbiz.de/10005822257

Tournaments and Multiple Productive Inputs: The Case of Performance Enhancing Drugs

Konrad, Kai A. - Institute for the Study of Labor (IZA) - 2005

In this paper I consider the desirability of drugs that enhance cognitive abilities in the context of tournaments that are used as optimal labor contracts as in Lazear and Rosen (1981). Such drugs reduce the number of voluntary participants in a tournament, but increase individual and total...

Persistent link: https://www.econbiz.de/10005822353

Endogenous Leadership: Selection and Influence

Arbak, Emrah; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2007

In social dilemmas, leading a team by making heroic efforts may prove costly, especially if the followers are not adequately motivated to make similar sacrifices. Attempting to understand what motivates these seemingly selfless individuals to lead, we report the results of a two-stage public...

Persistent link: https://www.econbiz.de/10005822607

Gift Exchange in the Workplace: Money or Attention?

Dur, Robert - Institute for the Study of Labor (IZA) - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10005822723

Separating Introduction Effects from Selectivity Effects: The Differences in Employment Patterns of Co-Determined Firms

Gralla, Rafael; Kraft, Kornelius - Institute for the Study of Labor (IZA) - 2012

This study examines differences in employment growth between firms with and without works councils by separating introduction effects from potential selectivity effects. Using a difference in differences framework, we show that firms with works councils have higher employment growth before...

Persistent link: https://www.econbiz.de/10010598088

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