J3 - Wages, Compensation, and Labor Costs - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:42:54+00:00The Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model
https://www.bankofcanada.ca/2015/09/working-paper-2015-35/
This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the micro literature on performance pay (e.g. Lazear, 1986).2015-09-10T11:47:39+00:00enThe Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model2015-09-10Business fluctuations and cyclesLabour marketsWorking Paper 2015-35https://www.bankofcanada.ca/wp-content/uploads/2015/09/wp2015-35.pdfThe Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search ModelJulien ChampagneSeptember 2015EE2E24JJ3J33J4J41