Performance pay and wage inequality:
We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved productive...
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2007
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
13128 |
| Links: | http://papers.nber.org/papers/w13128.pdf |
| Zusammenfassung: | We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved productive characteristics of workers. Moreover, the growing incidence of performance-pay can explain 24 percent of the growth in the variance of male wages between the late 1970s and the early 1990s, and accounts for nearly all of the top-end growth in wage dispersion(above the 80th percentile). |
| Beschreibung: | Literaturverz. S. 27 - 29 |
| Umfang: | 45 S. graph. Darst. 22 cm |
Internformat
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| 100 | 1 | |a Lemieux, Thomas |d 1989- |e Verfasser |0 (DE-588)128901063 |4 aut | |
| 245 | 1 | 0 | |a Performance pay and wage inequality |c Thomas Lemieux ; W. Bentley MacLeod ; Daniel Parent |
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| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 13128 | |
| 500 | |a Literaturverz. S. 27 - 29 | ||
| 520 | 8 | |a We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved productive characteristics of workers. Moreover, the growing incidence of performance-pay can explain 24 percent of the growth in the variance of male wages between the late 1970s and the early 1990s, and accounts for nearly all of the top-end growth in wage dispersion(above the 80th percentile). | |
| 700 | 1 | |a MacLeod, William Bentley |d 1954- |e Verfasser |0 (DE-588)124510124 |4 aut | |
| 700 | 1 | |a Parent, Daniel |e Verfasser |0 (DE-588)133432238 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 810 | 2 | |a National Bureau of Economic Research <Cambridge, Mass.> |t NBER working paper series |v 13128 |w (DE-604)BV002801238 |9 13128 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w13128.pdf |z kostenfrei |3 Volltext |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-016908368 | |
Datensatz im Suchindex
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| id | DE-604.BV023593038 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T13:23:19Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016908368 |
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| physical | 45 S. graph. Darst. 22 cm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
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| publisher | National Bureau of Economic Research |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Lemieux, Thomas 1989- Verfasser (DE-588)128901063 aut Performance pay and wage inequality Thomas Lemieux ; W. Bentley MacLeod ; Daniel Parent Cambridge, Mass. National Bureau of Economic Research 2007 45 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13128 Literaturverz. S. 27 - 29 We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved productive characteristics of workers. Moreover, the growing incidence of performance-pay can explain 24 percent of the growth in the variance of male wages between the late 1970s and the early 1990s, and accounts for nearly all of the top-end growth in wage dispersion(above the 80th percentile). MacLeod, William Bentley 1954- Verfasser (DE-588)124510124 aut Parent, Daniel Verfasser (DE-588)133432238 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13128 (DE-604)BV002801238 13128 http://papers.nber.org/papers/w13128.pdf kostenfrei Volltext |
| spellingShingle | Lemieux, Thomas 1989- MacLeod, William Bentley 1954- Parent, Daniel Performance pay and wage inequality |
| title | Performance pay and wage inequality |
| title_auth | Performance pay and wage inequality |
| title_exact_search | Performance pay and wage inequality |
| title_full | Performance pay and wage inequality Thomas Lemieux ; W. Bentley MacLeod ; Daniel Parent |
| title_fullStr | Performance pay and wage inequality Thomas Lemieux ; W. Bentley MacLeod ; Daniel Parent |
| title_full_unstemmed | Performance pay and wage inequality Thomas Lemieux ; W. Bentley MacLeod ; Daniel Parent |
| title_short | Performance pay and wage inequality |
| title_sort | performance pay and wage inequality |
| url | http://papers.nber.org/papers/w13128.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT lemieuxthomas performancepayandwageinequality AT macleodwilliambentley performancepayandwageinequality AT parentdaniel performancepayandwageinequality |