作者：Abeler, Johannes; Huffman, David; Raymond, Collin
作者单位：University of Oxford; Leibniz Association; Ifo Institut; Cornell University; Cornell University
摘要：Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded rationality can affect effort provision. This is because some attributes of the incentives become opaque; that is, workers do not take them into account. In our setting, workers overprovide effort relative to a fully rational benchmark, improving efficiency. We identify contract features, and facets of worker cognitive ability, that matter for opacity. We find that even relatively...
作者：Haanwinckel, Daniel
作者单位：University of California System; University of California Los Angeles; National Bureau of Economic Research
摘要：This paper examines how workforce composition, labor demand, and minimum wage jointly determine wages through their effects on worker-task assignments, firm wage premiums, and firm-worker sorting. Using an estimated model of monopsonistic local labor markets, it finds that minimum wage hikes and labor demand shocks drove the decline in Brazilian wage inequality from 1998 to 2012. While rising educational attainment compressed skill premiums within firms, it also reallocated skilled workers to ...
