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作者：Frey, BS; Benz, M
作者单位：University of Zurich
摘要：Corporate governance is importantly based on agency theory and relies on extrinsic incentives to align the interests of managers, employees and shareholders. This article argues that in view of recent corporate scandals, private governance can learn from public governance: (1) Goal-oriented intrinsic motivation of agents should be supported by fixed incomes and an extensive selection process of employees; (2) Extrinsic, but non-monetary incentives (e.g. conferring orders and titles) can be use...
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作者：Ray, I; Ganguly, C
作者单位：University of Birmingham
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作者：Bowles, S; Park, Y
作者单位：University of Siena; Connecticut College
摘要：We investigate the manner in which a desire to emulate the rich influences individuals' allocation of time between labour and leisure, greater inequality inducing longer work hours as a result. Data on work hours in ten countries over the period 1963-98 show that greater inequality is indeed associated longer work hours. These 'Veblen effects' are large and the estimates are robust using country fixed effects and other specifications. Because consumption inequality is a public bad, a social we...
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作者：Card, D
作者单位：University of California System; University of California Berkeley
摘要：This article reviews the recent evidence on US immigration, focusing on two key questions: (1) Does immigration reduce the labour market opportunities of less skilled natives? (2) Have immigrants who arrived after the 1965 Immigration Reform Act been successfully assimilated? Overall, evidence that immigrants have harmed the opportunities of less educated natives is scant. On the question of assimilation, the success of the US-born children of immigrants is a key yardstick. By this metric, pos...
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作者：Hatton, TJ; Tani, M
作者单位：Australian National University; University of Essex; University of New South Wales Sydney
摘要：Most studies that look across local labour markets have found the effects of immigration to be benign. One possibility is that immigrants to a specific area simply push non-immigrants onwards elsewhere, thereby diffusing the labour market effects. Examining net internal migration between 11 regions of Britain over two decades, we find consistently negative displacement effects but their magnitude and significance varies. The effects are somewhat stronger for the southern regions where immigrat...
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作者：Ray, I; Ganguly, C
作者单位：University of Birmingham
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作者：Dustmann, C; Hatton, T; Preston, I
作者单位：University of London; University College London; Australian National University; University of Essex
