This paper reviews and proposes additional research concerning the role of publicly
reported financial accounting information in the governance processes of corporations. We …

This chapter surveys the contributions of laboratory experiments to labor economics. We
begin with a discussion of methodological issues: when (and why) is a lab experiment the …

Unlucky young workers entering the labor market in recessions suffer a range of medium-to
long-term consequences. This paper summarizes the findings of the growing empirical …

This paper provides an overview of the existing theoretical and empirical work on the
provision of incentives. It reviews the costs and benefits of many types of pay-for …

The vast majority of the pay inequality in organizations comes from differences in pay
between employees and their bosses. But are employees aware of these pay disparities …

We measure impacts of entry conditions on labor market outcomes for the US college
graduating classes of 1974–2011. A large recession reduces initial earnings by 10 …

Just like economists, voters have conflicting views about redistributive taxation because they
estimate its incentive costs differently. We model rational agents as trying to learn from their …

BEHAVIORAL ECONOMICS increases the explanatory power of economics by providing it
with more realistic psychological foundations. This book consists of representative recent …

This paper analyzes the magnitude and sources of long-term earnings declines associated
with graduating from college during a recession. Using a large longitudinal university …

This paper studies the labor market experiences of white-male college graduates as a
function of economic conditions at time of college graduation. I use the National Longitudinal …