Personnel Economics: Hiring and Incentives

@article{Oyer2010PersonnelEH,
  title={Personnel Economics: Hiring and Incentives},
  author={P. Oyer and S. Schaefer},
  journal={Corporate Governance & Economics eJournal},
  year={2010}
}
  • P. Oyer, S. Schaefer
  • Published 2010
  • Economics
  • Corporate Governance & Economics eJournal
  • We survey the Personnel Economics literature, focusing on how firms establish, maintain, and end employment relationships and on how firms provide incentives to employees. This literature has been very successful in generating models and empirical work about incentive systems. Some of the unanswered questions in this area -- for example, the empirical relevance of the risk/incentive tradeoff and the question of whether CEO pay arrangements reflect competitive markets and efficient contracting… CONTINUE READING
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