IZA Discussion Papers

updated version published as 'Risk compensation after COVID-19 vaccination: Evidence from vaccine rollout by exact birth date in South Korea' in: Health Economics, 2024, 33 (8), 1811 - 1830

IZA Discussion Paper No. 15781

The Gender Pay Gap in the CEOs' Labor Market

Massimiliano Tani, Andrew Valentine, Kieran Sharpe

IZA Discussion Paper No. 15337

'Since You're So Rich, You Must Be Really Smart': Talent, Rent Sharing, and the Finance Wage Premium

Michael Johannes Böhm, Daniel Metzger, Per Strömberg

published in: Review of Economic Studies, 2023, 90 (5), 2215–2260,

IZA Discussion Paper No. 14831

Preferences, Selection, and the Structure of Teacher Pay

Andrew C. Johnston

forthcoming in: American Economic Journal: Applied Economics

IZA Discussion Paper No. 14803

The Market for CEOs: Building Legacy and Feeling Empowered Matter

Arnaud Dupuy, John Kennes, Ran Sun Lyng

IZA Discussion Paper No. 14175

Hours, Employment, and Earnings of American Manufacturing Workers from the Nineteenth to the Twenty-First Centuries

John H. Pencavel

IZA Discussion Paper No. 13794

Judge Bias in Labor Courts and Firm Performance

Pierre Cahuc, Stéphane Carcillo, Bérengère Patault, Flavien Moreau

published in: Journal of the European Economic Association, 2024, 22 (3), 1319 - 1366

IZA Discussion Paper No. 13358

The Bonding Effect of Deferred Compensation: Worker Separations from a Large Firm in Early Transition Russia

Mikhail Ananyev, Thomas Dohmen, Hartmut Lehmann

IZA Discussion Paper No. 13216

Gender-Specific Duration of Parental Leave and Current Earnings

Benedikt Gerst, Christian Grund

published in: Work, Employment & Society, 2023, 37, 215 - 235

IZA Discussion Paper No. 13132

Mandated Sick Pay: Coverage, Utilization, and Welfare Effects

J. Catherine Maclean, Stefan Pichler, Nicolas R. Ziebarth

IZA Discussion Paper No. 12850

Why Are There More Accidents on Mondays? Economic Incentives, Ergonomics or Externalities

Michelle Poland, Isabelle Sin, Steven Stillman

IZA Discussion Paper No. 12667

Paying Gig Workers – Evidence from a Field Experiment

Sebastian Butschek, Roberto González Amor, Patrick Kampkötter, Dirk Sliwka

IZA Discussion Paper No. 12600

Teacher Performance Pay and Student Learning: Evidence from a Nationwide Program in Peru

Cristina Bellés Obrero, María Lombardi

published in: Economic Development and Cultural Change, 2022, 70 (4), 1631–1669

IZA Discussion Paper No. 12596

The Consequences of Short-Time Compensation: Evidence from Japan

Takao Kato, Naomi Kodama

IZA Discussion Paper No. 12466

Compensation in Personal Injury Cases: Mean or Median Income?

Leif Danziger, Eliakim Katz

IZA Discussion Paper No. 12290

Opting out of Workers' Compensation: Non-Subscription in Texas and Its Effects

Lu Jinks, Thomas J. Kniesner, John D. Leeth, Anthony T. Lo Sasso

published in: Journal of Risk and Uncertainty, 2020, 60(1), 53-76

IZA Discussion Paper No. 12237

Education and Risk Compensation in Wages: A Quantile Regression Approach

José António Cabral Vieira, Carolina Constância, João Teixeira

published in: Applied Economics Letters, 2020, 27 (3), 194 - 198.

IZA Discussion Paper No. 11746

Heterogeneous Layoff Effects of the US Short-Time Compensation Program

Marlon R. Tracey, Solomon Polachek

published in: Labour, 2020, 34 (4), 399-426

IZA Discussion Paper No. 11545

The Shadow Prices of Voluntary Caregiving: Using Panel Data of Well-Being to Estimate the Cost of Informal Care

Rebecca McDonald, Nattavudh Powdthavee

published online in: Journal of Benefit-Cost Analysis, 2024

IZA Discussion Paper No. 11311

New Evidence on Cyclical Variation in Labor Costs in the U.S.

Grace Weishi Gu, Eswar Prasad

published as 'New Evidence on Cyclical Variation in Average Labor Costs in the United States ' in: Review of Economics and Statistics, 2020, 102 (5), 966–979.

IZA Discussion Paper No. 11257

Heterogeneous Effects of Credit Constraints on SMEs' Employment: Evidence from the Great Recession

David Cornille, François Rycx, Ilan Tojerow

published as 'Heterogeneous Effects of Credit Constraints on SME's Employment: Evidence from the European Sovereign Debt Crisis' in : Journal of Financial Stability, 2019, 41, 1-13

IZA Discussion Paper No. 10817

Active Ingredients: Exploring the Key Factors Affecting the Rising Cost of Developing New Drugs

Sarah J. Fossett, Phanindra V. Wunnava

published in: International Journal o Health Sciences, 2019, 7 (3), 1 - 18

IZA Discussion Paper No. 10713

Career Interruptions and Current Earnings: The Role of Interruption Type, Compensation Component, and Gender

Benedikt Gerst, Christian Grund

published in: International Journal of Manpower 2019, 40 , 850–878

IZA Discussion Paper No. 10671

Past, Present and Future Compensation Research: Economist Perspectives

Michael Gibbs

published in: Compensation & Benefits Review, 2017, 48 (1-2), 3-16

IZA Discussion Paper No. 10621

Benefit Generosity and Injury Duration: Quasi-Experimental Evidence from Regression Kinks

Benjamin Hansen, Tuan Nguyen, Glen R. Waddell

IZA Discussion Paper No. 10153

How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?

Katharina Dyballa, Kornelius Kraft

published in: CESifo Economic Studies, 2020, 66 (1), 60 - 90

IZA Discussion Paper No. 9583

Are Working Time Accounts Beneficial for German Establishments?

Lutz Bellmann, Olaf Hübler

published as 'Working time accounts and firm performance in Germany' in: IZA Journal of European Labor Studies, 2015, 4:24

IZA Discussion Paper No. 9407

Ex Post Inequality of Opportunity Comparisons

Marc Fleurbaey, Vito Peragine, Xavier Ramos

published in: Social Choice and Welfare, 2017, 49, 577–603

IZA Discussion Paper No. 9311

Victimisation, Wellbeing and Compensation: Using Panel Data to Estimate the Costs of Violent Crime

David W. Johnston, Michael A. Shields, Agne Suziedelyte

published in: Economic Journal, 2018, 128, 1545-69.

IZA Discussion Paper No. 9221

Sources of the Union Wage Gap: Results from High-Dimensional Fixed Effects Regression Models

John T. Addison, Pedro Portugal, Hugo Vilares

revised version published as 'Union Membership Density and Wages: The Role of Worker, Firm, and Job-Title Heterogeneity' in: Journal of Econometrics. 2023, 233 (2), 612-632.

IZA Discussion Paper No. 9037

Top Incomes in Canada: Evidence from the Census

Thomas Lemieux, W. Craig Riddell

IZA Discussion Paper No. 8994

Equality of Opportunity: Theory and Evidence

Francisco H. G. Ferreira, Vito Peragine

published in: Matthew Adler and Marc Fleurbaey (eds.), The Oxford Handbook of Well-Being and Public Policy, Oxford: OUP, 2016

IZA Discussion Paper No. 8807

Automatic Enrollment, Employer Match Rates and Employee Compensation in 401(k) Plans

Barbara A. Butrica, Nadia S Karamcheva

published in: Monthly Labor Review, May 2015

IZA Discussion Paper No. 8724

Share Capitalism and Worker Wellbeing

Alex Bryson, Andrew E. Clark, Richard B. Freeman, Colin P. Green

published in: Labour Economics, 2016, 42, 151-158

IZA Discussion Paper No. 8621

Teacher Pay and Student Performance: Evidence from the Gambian Hardship Allowance

Todd Pugatch, Elizabeth Schroeder

published in: Journal of Development Effectiveness, 2018, 10(2): 249-276.

IZA Discussion Paper No. 8597

Welfare Effects of Short-Time Compensation

Helge Braun, Björn Brügemann

IZA Discussion Paper No. 8538

Say Pays! Shareholder Voice and Firm Performance

Vicente Cuñat, Mireia Giné, Maria Guadalupe

published in: Review of Finance, 2016, 20 (5), 1799 - 1834

IZA Discussion Paper No. 8112

Gender Pay Gaps among Highly Educated Professionals: Compensation Components Do Matter

Christian Grund

revised version published in: Labour Economics, 2015, 34, 118-126

IZA Discussion Paper No. 7854

Equality under Threat by the Talented: Evidence from Worker-Managed Firms

Gabriel Burdin

revised version published in: Economic Journal, 2016, 126(594), 1372-1403

IZA Discussion Paper No. 7835

Physician Payment Mechanisms, Hospital Length of Stay and Risk of Readmission: Evidence from a Natural Experiment

Damien Échevin, Bernard Fortin

published in: Journal of Health Economics, 2014, 36, 112-124

IZA Discussion Paper No. 7435

Management Compensation and the Economic Crisis: Longitudinal Evidence from the German Chemical Sector

Christian Grund, Tanja Walter

published in: Review of Managerial Science, 2015, 9, 751-777

IZA Discussion Paper No. 7321

Bonus Culture: Competitive Pay, Screening, and Multitasking

Roland Benabou, Jean Tirole

published in: Journal of Political Economy, 2016, 124 (2), 305–370

IZA Discussion Paper No. 7306

Transactions Costs and the Employment Contract in the US Economy

W. Bentley MacLeod, Daniel Parent

published in: Journal of Law, Economics, and Organization, 2015, 31 (S1), i40–i76,

IZA Discussion Paper No. 7233

Unemployment Compensation and the Allocation of Labor in Developing Countries

Olivier Charlot, Franck Malherbet, Mustafa Ulus

published in: Journal of Public Economic Theory, 2016, 18 (3), 385 - 416

IZA Discussion Paper No. 7097

Monetary Reference Points of Managers: An Empirical Investigation of Status Quo Preferences and Social Comparisons

Christian Grund, Johannes Martin

revised version published in: Scottish Journal of Political Economy, 2017, 64, 70-84

IZA Discussion Paper No. 6779

Recent Longitudinal Evidence of Size and Union Threat Effects across Genders

Phanindra V. Wunnava

IZA Discussion Paper No. 6725

Cheating in the Workplace: An Experimental Study of the Impact of Bonuses and Productivity

David Gill, Victoria L. Prowse, Michael Vlassopoulos

published in: Journal of Economic Behavior and Organization, 2013, 96, 120-134

IZA Discussion Paper No. 6672

Empirical Approaches to Inequality of Opportunity: Principles, Measures, and Evidence

Xavier Ramos, Dirk Van de gaer

substantially revised version published in: Journal of Economic Surveys, 30(5), 855-883

IZA Discussion Paper No. 6420

What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009

Francesca Fabbri, Dalia Marin

published in: Scandinavian Journal of Economics, 2016, 118 (2), 235-263

IZA Discussion Paper No. 6254

How Unjust! An Experimental Investigation of Supervisors' Evaluation Errors and Agents' Incentives

Lucia Marchegiani, Tommaso G. Reggiani, Matteo Rizzolli

revised version published as 'Loss Averse Agents and Lenient Supervisors in Performance Appraisal' in: Journal of Economic Behavior and Organization, 2016, 131, 183-197

IZA Discussion Paper No. 6022

Intensity of Time and Income Interdependent Multidimensional Poverty: Well-Being and Minimum 2DGAP – German Evidence

Joachim Merz, Tim Rathjen

IZA Discussion Paper No. 5968

Lying and Team Incentives

Julian Conrads, Bernd Irlenbusch, Rainer Michael Rilke, Gari Walkowitz

published in: Journal of Economic Psychology, 2013, 34, 1-7

IZA Discussion Paper No. 5780

Short-Time Work: The German Answer to the Great Recession

Karl Brenke, Ulf Rinne, Klaus F. Zimmermann

revised version published in: International Labour Review, 2013, 152 (2), 287-305 / spanish version published as 'Desempleo parcial, la respuesta alemana a la Gran Recesión' in: Revista Internacional del Trabajo, 2013, 132 (2), 325-344 / french version published as 'Le chômage partiel: réponse de l'Allemagne face à la grande récession' in: Revue internationale du Travail, 2013, 152 (2), 311-330

IZA Discussion Paper No. 5714

Do They Understand the Benefits from Education? Evidence on Dutch High School Students’ Earnings Expectations

Jacopo Mazza, Joop Hartog

IZA Discussion Paper No. 5656

Total Reward in the UK in the Public and Private Sectors

Alexander M. Danzer, Peter Dolton

published in: Labour Economics, 2012, 19 (4), 584-594

IZA Discussion Paper No. 5644

Consistency in Organization (updated)

Ekkehart Schlicht

earlier version published in: Journal of Institutional and Theoretical Economics, 2004, 160 (2), 232-42

IZA Discussion Paper No. 5550

Social Comparison in the Workplace: Evidence from a Field Experiment

Alain Cohn, Ernst Fehr, Benedikt Herrmann, Frédéric Schneider

revised version published as 'Social Comparison an Effort Provision' in: Journal of the European Economic Association, 2014, 12 (4), 877-898

IZA Discussion Paper No. 5493

Putting Different Price Tags on the Same Health Condition: Re-evaluating the Well-Being Valuation Approach

Nattavudh Powdthavee, Bernard van den Berg

published in: Journal of Health Economics, 2011, 30 (5), 1032 - 1043

IZA Discussion Paper No. 5319

The Public Perception and Normative Valuation of Executive Compensation: An International Comparison

Andreas Kuhn

revised version, using updated and expanded data, published as `International Evidence on the Perception and Normative Valuation of Executive Compensation' in: British Journal of Industrial Relations, 2017, 55(1), 112-136

IZA Discussion Paper No. 5291

Teacher Pay, Class Size and Local Governments: Evidence from the Latvian Reform

Mihails Hazans

IZA Discussion Paper No. 5076

Hedonic Wage Equilibrium: Theory, Evidence and Policy

Thomas J. Kniesner, John D. Leeth

published in: Foundations and Trends in Microeconomics, 2010, 5 (4), 229-299

IZA Discussion Paper No. 4989

Short-Time Compensation and Establishment Exit: An Empirical Analysis with French Data

Oana Calavrezo, Richard Duhautois, Emmanuelle Walkowiak

IZA Discussion Paper No. 4848

The Gender Pay Gap in Top Corporate Jobs in Denmark: Glass Ceilings, Sticky Floors or Both?

Nina Smith, Valdemar Smith, Mette Verner

published in: International Journal of Manpower, 2011, 32 (2), 156-177

IZA Discussion Paper No. 4383

Pay for Percentile

Gadi Barlevy, Derek Neal

published in: American Economic Review, 2012, 102 (5), 1805-31

IZA Discussion Paper No. 4069

Do Students Expect Compensation for Wage Risk?

Jürg Schweri, Joop Hartog, Stefan C. Wolter

published in: Economics of Education Review, 2011, 30 (2), 215-227

IZA Discussion Paper No. 3857

Not So Lucky Any More: CEO Compensation in Financially Distressed Firms

Qiang Kang, Oscar A. Mitnik

IZA Discussion Paper No. 3856

The Long-Term Effects of Job Search Requirements: Evidence from the UK JSA Reform

Barbara Petrongolo

published in: Journal of Public Economics, 2009, 93 (11-12), 1234-1253

IZA Discussion Paper No. 3662

New Evidence on the Motherhood Wage Gap

Catalina Amuedo-Dorantes, Jean Kimmel

IZA Discussion Paper No. 3645

Management Economics in a Large Retail Organization

W. Stanley Siebert, Nick Zubanov

published in: Management Science, 2011, 56(8), 1398-1414

IZA Discussion Paper No. 3604

Happiness Dynamics with Quarterly Life Event Data

Paul Frijters, David W. Johnston, Michael A. Shields

published as 'Life Satisfaction Dynamics with Quarterly Life Event Data' in: Scandinavian Journal of Economics, 2011, 113 (1), 190 - 211

IZA Discussion Paper No. 3518

Is the Glass Ceiling Cracking? A Simple Test

Ting Hu, Myeong-Su Yun

IZA Discussion Paper No. 3504

Training Background and Early Retirement

Raymond Montizaan, Frank Cörvers, Andries de Grip

published as 'Training and retirement patterns' in: Applied Economics, 2013, 45 (15), 1991-1999

IZA Discussion Paper No. 3401

What Are the Factors Behind Pay Settlements? Evidence from Spanish and British Data

Alberto Bayo-Moriones, Jose Enrique Galdon-Sanchez, Sara Martinez-de-Morentin

published as 'The Determinants of Pay Settlements. The Influence of the National Context' in: The International Journal of Human Resource Management, 2013, 24 (3), 579-600

IZA Discussion Paper No. 3339

Search, Wage Posting, and Urban Spatial Structure

Yves Zenou

published in: Journal of Economic Geography, 2011, 11 (3), 387 - 416

IZA Discussion Paper No. 3236

Distributive Justice and CEO Compensation

Guillermina Jasso, Eva M. Meyersson Milgrom

published in: Acta Sociologica, 2008, 51 (2), 123-143

IZA Discussion Paper No. 3159

Death, Happiness, and the Calculation of Compensatory Damages

Andrew J. Oswald, Nattavudh Powdthavee

published in: Journal of Legal Studies, 2008, 37(S2), S217-S252