Author: Ignacio Franceschelli Publisher: ISBN: Category : Languages : en Pages : 28
Book Description
Existing literature has mainly focused on analyses of the overall effect of a change in the incentive scheme. Lazear (2000), for example, estimates the average increase in productivity after a firm switches from an hourly-wage scheme to a piece-rate plus basic-wage scheme. His paper does not, however, account for the fact that many workers remained within the basic-wage range after the change was made in the incentive scheme. In the present paper we explore how the incentive effect might have been different for those workers seeking the basic wage, and those workers seeking the piece-rate component of the wage. Surprisingly, the change in productivity is approximately the same in percentage terms for both types of workers.
Author: Jack Hirshleifer Publisher: Cambridge University Press ISBN: 1139445456 Category : Business & Economics Languages : en Pages : 639
Book Description
This new seventh edition of the book offers extensive discussion of information, uncertainty, and game theory. It contains over a hundred examples illustrating the applicability of economic analysis not only to mainline economic topics but also issues in politics, history, biology, the family, and many other areas. These discussions generally describe recent research published in scholarly books and articles, giving students a good idea of the scientific work done by professional economists. In addition, at appropriate places the text provides 'applications' representing more extended discussions of selected topics including rationing in wartime (Chapter 5), import quotas (Chapter 7), alleged monopolistic suppression of inventions (Chapter 9), minimum wage laws (Chapter 11), the effects of Social Security upon saving (Chapter 15), fair division of disrupted property (Chapter 16) and whether individuals should pay ransom to a kidnapper (Chapter 17).
Author: Tito Boeri Publisher: Fondazione Rodolfo Debendetti ISBN: 0199669805 Category : Business & Economics Languages : en Pages : 311
Book Description
The compensation packages of a growing proportion of firms include pay schemes that are linked to employee or company performance, yet little is known about the patterns of performance related pay. This book compares US and European CEOs to investigate the evolution of executive compensation, its controversies, and its resulting regulations.
Author: Edward P. Lazear Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
What happens when a firm switches from paying hourly wages to paying piece rates? The theory developed below predicts that average productivity rises, that the firm will attract a more able work force and that the variance in output across individuals at the firm will rise as well. The theory is tested with data from a large autoglass company that changed compensation structures between 1994 and 1995. All theoretical predictions are borne out. In the firm examined, the productivity effects are extremely large, amounting to anywhere from about 20% to 36% of output, depending on what is held constant. About half of the worker-specific increase in productivity is passed on to workers in the form of higher wages.
Author: Publisher: National Center on Education & Economy ISBN: 9780962706301 Category : Business and education Languages : en Pages : 147
Book Description
Work force growth will slow dramatically in the 1990s. To ensure a more prosperous future, productivity and competitive position must be improved. New high performance forms of work organization operate very differently from the system of mass manufacturing. These work organizations require large investments in training. The approach to work and education must fundamentally change. Recommendations include the following: (1) a new educational performance standard should be set for all students, to be met by age 16, with the standard established nationally and benchmarked to the highest in the world; (2) states should take the responsibility for assuring that virtually all students achieve the Certificate of Initial Mastery (CIM), with new local Employment and Training Boards creating and funding alternative learning environments for those who cannot attain the CIM in regular schools; (3) a comprehensive system of Technical and Professional Certificates and associate's degrees should be created for the majority of students and adult workers who do not pursue a baccalaureate degree; (4) all employers should be given incentives and assistance to invest in the further education and training of their workers and to pursue high productivity forms of work organization; and (5) a system of Employment and Training Boards should be established by federal and state governments, together with local leadership, to organize and oversee the new school-to-work transition programs and training systems. (CML)
Author: Jess Benhabib Publisher: Elsevier ISBN: 0444537074 Category : Business & Economics Languages : en Pages : 570
Book Description
Through the use of new economic data and tools, the contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions.
Author: Publisher: ScholarlyEditions ISBN: 1464921075 Category : Business & Economics Languages : en Pages : 593
Book Description
Economics: Advances in Research and Application: 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Economics and Organizations. The editors have built Economics: Advances in Research and Application: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Economics and Organizations in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Economics: Advances in Research and Application: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Author: Paul Glewwe Publisher: University of Chicago Press ISBN: 022607885X Category : Education Languages : en Pages : 349
Book Description
Almost any economist will agree that education plays a key role in determining a country’s economic growth and standard of living, but what we know about education policy in developing countries is remarkably incomplete and scattered over decades and across publications. Education Policy in Developing Countries rights this wrong, taking stock of twenty years of research to assess what we actually know—and what we still need to learn—about effective education policy in the places that need it the most. Surveying many aspects of education—from administrative structures to the availability of health care to parent and student incentives—the contributors synthesize an impressive diversity of data, paying special attention to the gross imbalances in educational achievement that still exist between developed and developing countries. They draw out clear implications for governmental policy at a variety of levels, conscious of economic realities such as budget constraints, and point to crucial areas where future research is needed. Offering a wealth of insights into one of the best investments a nation can make, Education Policy in Developing Countries is an essential contribution to this most urgent field.
Author: United States. Congress. Senate. Committee on Labor and Human Resources Publisher: ISBN: Category : Business & Economics Languages : en Pages : 52
Author: Ignacio Franceschelli
Author: Orley Ashenfelter
Author: Jack Hirshleifer
Author: Tito Boeri
Author: Edward P. Lazear
Author: 
Author: Jess Benhabib
Author: 
Author: Paul Glewwe
Author: United States. Congress. Senate. Committee on Labor and Human Resources