The Future of Personnel Economics

Dados Bibliográficos

ID9713263
AutoresEdward P Lazear (Hoover Institution and Stanford University, autor correspondente)
Ano2000
Volume110
Fascículo467
Páginas611-639
Data de publicação2000-11-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00576
OpenAlexW1983112519
IdiomaEN
Citações recebidas12
Referências citadas9

Personnel economics has grown over the past 20 years to become a major branch of labour economics. Although much has been learned, many important questions remain. For example, are worker wage profiles dependent on individual attributes or is the firm more important in determining wage growth? Why are executives so highly paid and why does pay take the form that it does? How can cross‐country differences in pay patterns be explained? Does variable pay provide better incentives than fixed hourly wages? Under which circumstances is one form of compensation used over another? These questions and others are investigated and some conjectures offered

Compensation (psychology · Economics · Efficiency wage · Incentive · Labour economics · Microeconomics · Variable (mathematics · Wage · Economic Policies and Impacts · Economic theories and models · Labor market dynamics and wage inequality