منابع مشابه
Higher and higher? Performance pay and wage inequality in Germany
Performance pay is of growing importance to the wage structure as it applies to a rising share of employees. At the same time wage dispersion is growing continuously. This leads to the question of how the growing use of performance pay schemes is related to the increase in wage inequality? German SOEP data for the years 1984 to 2009 confirm the large increase in the application of performance p...
متن کاملPerformance pay, trade and inequality
This paper introduces moral hazard into a standard general equilibrium model with heterogeneous rms, to study the impact of trade liberalization on wage inequality between identical workers. I show that trade liberalization operates on two margins of inequality, generating betweenand within- rm wage dispersion. While the former channel has been studied in recent papers, the latter is novel in ...
متن کاملOnline Appendix for the article: Higher and higher? Performance pay and wage inequality in Germany
End-point correction " Performance pay jobs " are defined as jobs that have paid for performance at least once in the past. Thus, job matches that are observed over a longer period are more likely to be observed as PP jobs. For this reason, job matches that are observed at the beginning of the observation period in 1984 may be misclassified as non-PP jobs if they paid for performance before 198...
متن کاملPerformance pay or redistribution? Cultural differences in just-world beliefs and preferences for wage inequality
We identify and test a specific psychological mechanism underlying cross-national differences in preferences for performance-based versus redistributive compensation systems. We posit that individuals’ beliefs in the inherent justness and deservedness of individual outcomes (i.e., just world beliefs: JWBs) can help explain individual and culture-level variation in preferences for these compensa...
متن کاملDoes ‘Performance Pay’ Pay? Wage Flexibility over the Great Recession
Using the National Compensation Survey between 2004-2014, we document substantial cyclical heterogeneity among performance pay and fixed wage jobs. We find that employment growth in performance pay (fixed wage) jobs is countercyclical (procyclical), whereas compensation per employee growth is procyclical (countercyclical). Our estimates are identified off the response of similar work levels wit...
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ژورنال
عنوان ژورنال: Quarterly Journal of Economics
سال: 2009
ISSN: 0033-5533,1531-4650
DOI: 10.1162/qjec.2009.124.1.1