| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP1645
|
| DP1645 Sequential Investments and Options to Own |
| Klaus Schmidt; Georg Nöldeke
|
| 发表日期 | 1997-05-30
|
| 出版年 | 1997
|
| 语种 | 英语
|
| 摘要 | Personnel economics has suggested conflicting arguments about the impact of increased wage dispersion within firms on workers? productivity and firm performance. Besides giving more advancement incentives, bigger wage differentials might also give rise to less cooperation and more politics between workers resulting in worse outcomes. We try to answer these questions using panel data for Austrian firms. As indicators for firm performance we use employment growth and standardized wages. For white-collar wages the following picture emerges: more dispersion leads to higher earnings up to some point where the relation changes direction. For blue-collar wages we find a positive association between dispersion and standardized wages between firms, but no relation within firms over time. For employment growth the results are ambiguous. |
| 关键词 | Firm productivity
Incentives
Wage dispersion
|
| URL | https://cepr.org/publications/dp1645
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530785
|
推荐引用方式
GB/T 7714 |
Klaus Schmidt,Georg Nöldeke. DP1645 Sequential Investments and Options to Own. 1997.
|
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