The survey presents basic facts on wage growth and summarizes the main ideas on the
possible sources of this growth. We document that wage growth happens mainly early in the …

In this review of the personnel economics literature, we introduce key topics of personnel
economics, focus on some relatively new findings that have emerged since prior reviews of …

Countries around the world are enacting pay transparency policies to combat pay
discrimination. Since 2000, 71 percent of OECD countries have done so. Most are enacting …

Identity Economics provides an important and compelling new way to understand human
behavior, revealing how our identities—and not just economic incentives—influence our …

There has been a recent surge of interest in open source software development, which
involves developers at many different locations and organizations sharing code to develop …

The economics of organizations is replete with the pitfalls of monetary rewards and
punishments to motivate workers. If economic incentives do not work, what does? This paper …

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 …

In this chapter we examine the relationship between Human Resource Management (HRM)
and productivity. HRM includes incentive pay (individual and group) as well as many non …

Business firms around the world are experimenting with new organizational designs,
changing their formal architectures, their routines and processes, and their corporate …

In this paper, the author summarizes four new strands in agency theory that help him think
about incentives in real organizations. As a point of departure, The author begins with a …