Crowding out effect and sorting in competitive labor markets with motivated workers
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Crowding out effect and sorting in competitive labor markets with motivated workers

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Degut a la parada de sistemes pevista a la Universitat de València del 19 al 22 de Gener, Roderic també romadrá fora de servei des del 19 a les 21:00 hores fins al 22 a les 17:00 hores. Disculpeu les molèsties. _______________________________________________________________________________________ Debido a la parada de sistemas prevista en la Universitat de València del 19 al 22 de Enero, Roderic también permanecerá fuera de servicio desde el 19 a las 21:00 hasta el 22 a las 17:00. Disculpen las molestias.

Crowding out effect and sorting in competitive labor markets with motivated workers

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Cunyat, Antoni
Aquest document és un/a article, creat/da en: 2016
We consider a competitive labor market with moral hazard and adverse selection where firms employ teams of two workers. There exist two types of workers: selfish workers and motivated workers. Selfish workers only respond to monetary incentives. Motivated workers not only respond to monetary incentives but their behavior is also driven by intrinsic motivation. However, if a firm chooses an output-based reward system, their intrinsic motivation is undermined. We obtain that self-selection into contracts separating workers based on their motivation is feasible, provided that the crowding out effect is powerful enough. More importantly, all firms have expected positive profits. Our model produces in this case heterogeneity at the firm level.

    Cunyat, Antoni 2016 Crowding out effect and sorting in competitive labor markets with motivated workers Working Paper IVIE Serie AD 2016-06 1 19
https://doi.org/10.12842/WPAD-2016-06
distribuït sota llicència Creative Commons de Reconeixement-NoComercial 3.0 No adaptada

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