Compensation system and earnings inequality
學年 99
學期 1
發表日期 2010-10-06
作品名稱 Compensation system and earnings inequality
作品名稱(其他語言)
著者 Jiang, Lily; Yu, His-cheng
作品所屬單位 淡江大學經濟學系
出版者 新北市:淡江大學經濟學系
會議名稱 2010淡江經濟論壇研討會
會議地點 新北市, 臺灣
摘要 We develop a wage determination model in which a firm decides the pattern of compensation schemes, as well as offering a sequence of ontracts for her heterogeneous employees. Based on the theoretical analysis, we set up a random-effects regression model to explore and compare the wage determination under perform-pay and non-performance-pay jobs. Using data from the Panel Study of Family Dynamics in Taiwan, we find that firms employ high-ability workers and offer high returns to workers' ability on performance-pay jobs. We also show that the pervasive distribution of workers' ability generates higher inequality of earnings under performance-pay than non-performance-pay scheme. This implies that a shift in compensation scheme away from non-performance pay toward performance-pay will lead to an increase in wage inequality.
關鍵字 performance pay;principal-agent theory;income inequality
語言 en
收錄於
會議性質 兩岸
校內研討會地點 淡水校園
研討會時間 20101006~20101006
通訊作者
國別 TWN
公開徵稿 Y
出版型式 紙本
出處 2010淡江經濟論壇研討會論文集,36頁
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機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/93023 )

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