Productivity crowding-out in labor markets with motivated workers
| Autor: | Davide Raggi, Nadia Burani, Francesca Barigozzi |
|---|---|
| Přispěvatelé: | Francesca Barigozzi, Nadia Burani, Davide raggi |
| Rok vydání: | 2018 |
| Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics Labour economics productivity productivity motivation bidimensional asymmetric information adverse vs propitious selection crowding effects media_common.quotation_subject Wage motivation 0502 economics and business Health care 050602 political science & public administration Economics Intrinsic motivation 050207 economics Settore SECS-P/01 - Economia Politica Private information retrieval Productivity health care economics and organizations media_common business.industry crowding effects 05 social sciences adverse vs propitious selection Crowding out 0506 political science bidimensional asymmetric information Public service business |
| Zdroj: | Journal of Economic Behavior & Organization. 151:199-218 |
| ISSN: | 0167-2681 |
| DOI: | 10.1016/j.jebo.2018.03.018 |
| Popis: | When workers’ intrinsic motivation matters, a wage increase has mixed consequences on applicants’ productivity and motivation, as shown in public service, healthcare, education and politics. In a simple theoretical framework where ability and motivation are workers’ private information, we rationalize these differentiated responses and identify intuitive conditions for higher wages inducing self-selection of more (or less) productive and motivated workers. The selection patterns depend both on the statistical association between workers’ characteristics and on the difference between the incentivized returns to ability across sectors. We emphasize a crowding-out effect of wage on workers’ productivity that has not been analyzed in the theoretical literature before. |
| Databáze: | OpenAIRE |
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