G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w2176
来源IDWorking Paper 2176
Carrots and Sticks: Pay, Supervision and Turnover
Jonathan S. Leonard
发表日期1987-03-01
出版年1987
语种英语
摘要Large and persistent differences across industries in wages paid for given occupations have commonly been observed. Recently, the efficiency wage model (EWM) has been advanced as an explanation for these wage differentials. The shirking version of the EWM assumes a trade-off between self-supervision and external supervision. The turnover version assumes turnover is costly to the firm. Variation across firms in the cost of monitoring/shirking or turnover then are hypothesized to account for wage variation across firms for homogeneous workers. This paper presents empirical evidence of the trade-off of wage premiums for supervisory intensity and turnover. A new sample of 200 firms in one sector in one state in 1982 is analyzed. Little evidence is found to support either version of EWM. The substantial variation in wages for narrowly defined occupations across firms remains largely unexplained.
主题Labor Economics
URLhttps://www.nber.org/papers/w2176
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/559429
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Jonathan S. Leonard. Carrots and Sticks: Pay, Supervision and Turnover. 1987.
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