منابع مشابه
Interactions between Private and Public Sector Wages
Interactions between Private and Public Sector Wages We examine the interactions between public and private sector wages per employee in OECD countries. The growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover, total factor productivity, the unemployment rate and the degree of urbanisation are also important determinants o...
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This paper uses a unique data set to investigate the link between the pay and performance of school principals. It is frequently argued that public sector CEOs are paid like bureaucrats with little reward for good performance. However, this ignores the possibility of implicit labor market incentives. We show that pay is indeed linked to publicly observable performance measures. Moreover poorly ...
متن کاملPublic Sector Personnel Economics: Wages, Promotions, and the Competence-Control Trade-off
We model personnel policies in public agencies, examining how wages and promotion standards can partially offset a fundamental contracting problem: the inability of public sector workers to contract on performance, and the inability of political masters to contract on forbearance from meddling. Despite the dual contracting problem, properly constructed personnel policies can encourage intrinsic...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 2014
ISSN: 0013-0133
DOI: 10.1111/ecoj.12155