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Does Performance-Based Compensation Boost Economic Growth or Lead to More Income Inequality?

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  • Juin-jen Chang
  • Chia-ying Liu
  • Hsiao-wen Hung

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  • Juin-jen Chang & Chia-ying Liu & Hsiao-wen Hung, 2013. "Does Performance-Based Compensation Boost Economic Growth or Lead to More Income Inequality?," The Economic Record, The Economic Society of Australia, vol. 89(284), pages 72-82, March.
    • Handle: RePEc:bla:ecorec:v:89:y:2013:i:284:p:72-82
    DOI: 10.1111/1475-4932.12020
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    References listed on IDEAS

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    3. Thomas Lemieux & W. Bentley MacLeod & Daniel Parent, 2009. "Performance Pay and Wage Inequality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(1), pages 1-49.
    4. Yann Algan & Arnaud Cheron & Jean-Olivier Hairault & Francois Langot, 2003. "Wealth Effect on Labor Market Transitions," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 156-178, January.
    5. Morton, Peter J., 1998. "Annual bonuses, employment and productivity change in Taiwan's manufacturing sector," Journal of Economic Behavior & Organization, Elsevier, vol. 37(4), pages 481-507, December.
    6. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    7. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    8. Alberto Alesina & Dani Rodrik, 1994. "Distributive Politics and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 465-490.
    9. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
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    11. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
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    16. de la Rica, Sara & Dolado, Juan J. & Vegas, Raquel, 2010. "Performance Pay and the Gender Wage Gap: Evidence from Spain," IZA Discussion Papers 5032, Institute of Labor Economics (IZA).
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    21. Weitzman, Martin L, 1983. "Some Macroeconomic Implications of Alternative Compensation Systems," Economic Journal, Royal Economic Society, vol. 93(372), pages 763-783, December.
    22. Barro, Robert J, 2000. "Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, vol. 5(1), pages 5-32, March.
    23. Malcomson, James M, 1981. "Unemployment and the Efficiency Wage Hypothesis," Economic Journal, Royal Economic Society, vol. 91(364), pages 848-866, December.
    24. Nakamura, Masao & Hubler, Olaf, 1998. "The bonus share of flexible pay in Germany, Japan and the US: Some empirical regularities," Japan and the World Economy, Elsevier, vol. 10(2), pages 221-232, April.
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    Cited by:

    1. Natsuka Tokumaru, 2019. "Why do workers work? Inequality and collective benefits in organisational production experiments," Evolutionary and Institutional Economics Review, Springer, vol. 16(2), pages 375-396, December.

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