Compensation system and earnings inequality | |
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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 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/93023 ) |