A theory of compensation and personnel policy in hierarchical organizations with application to the United States military

Journal of Labor Economics

Volumn 19, Issue 3, 2001, Pages 523-562

  Asch, Beth J ^a   Warner, John T ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0035594754     PISSN: 0734306X     EISSN: None     Source Type: Journal    
DOI: 10.1086/322072     Document Type: Article

References (36)

1. Abowd, John. "Does Performance-Based Managerial Compensation Affect Corporate Performance?" Industrial and Labor Relations Review 43 (February 1990): 52S-73S.
2. Asch, Beth. "Pensions, Wages, and Sorting: A Theoretical and Empirical Analysis." Ph.D. dissertation, University of Chicago, Department of Economics, 1984.
3. Asch, Beth J., and Warner, John T. A Policy Analysis of Alternative Retirement Systems. Report MR-465-OSD. Santa Monica, CA: RAND, 1994. (a)
4. _. A Theory of Military Compensation and Personnel Policy. Report MR-439-OSD. Santa Monica, CA: RAND, 1994. (b)
5. Baker, George P.; Gibbs, Michael; and Holmstrom, Bengt. "The Internal Economics of the Firm: Evidence from Personnel Data." Quarterly Journal of Economics 109 (November 1994): 881-919.
6. Baker, George P.; Jensen, Michael C.; and Murphy, Kevin J. "Compensation and Incentives: Practice vs. Theory." Journal of Finance 43 (July 1988): 593-616.
7. Becker, Gary S. Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. Chicago: University of Chicago Press, 1975.
8. Carmichael, H. L. "Firm-Specific Human Capital and Promotion Ladders." Bell Journal of Economics 14 (Spring 1983): 251-58.
9. Daula, Thomas, and Moffitt, Robert. "Estimating Dynamic Models of Quit Behavior: The Case of Military Reenlistment." Journal of Labor Economics 13 (July 1995): 499-523.
10. Garen, John E. "Worker Heterogeneity, Job Screening, and Firm Size." Journal of Political Economy 93 (August 1985): 715-39.
11. Gotz, Glenn, and McCall, John J. "Estimation in Sequential Decisionmaking Models: A Methodological Note." Economics Letters 6 (1980): 131-36.
12. _. A Dynamic Retention Model for Air Force Officers: Theory and Estimates. Report R-3028-AF. Santa Monica, CA: RAND, 1984.
13. Ippolito, Richard A. "Encouraging Long-Term Tenure: Wage Tilt or Pensions?" Industrial and Labor Relations Review 44 (April 1991): 520-35.
14. Kahn, Charles, and Huberman, Gur. "Two-Sided Uncertainty and 'Up-or-Out' Contracts." Journal of Labor Economics 6 (October 1988): 423-44.
15. Lazear, Edward P. "Why Is There Mandatory Retirement?" Journal of Political Economy 87 (December 1979): 1261-84.
16. _. "Retirement from the Labor Force." In Handbook of Labor Economics, edited by Orley C. Ashenfelter and Richard Layard, pp. 303-55. Amsterdam: North Holland, 1986.
17. _. "Pay Equality and Industrial Politics." Journal of Political Economy 97 (June 1989): 561-80.
18. _. "Labor Economics and the Psychology of Organizations." Journal of Economic Perspectives 5 (Spring 1991): 89-110.
19. Lazear, Edward P., and Rosen, Sherwin. "Rank-Order Tournaments as Optimum Labor Contracts." Journal of Political Economy 89 (October 1981): 841-64.
20. Leonard, Jonathan. "Executive Pay and Firm Performance." Industrial and Labor Relations Review 43 (February 1990): 13S-29S.
21. Main, Brian; O'Reilly, C.; and Wade, J. "Top Executive Pay: Tournament or Teamwork?" Journal of Labor Economics 11 (October 1993): 606-28.
22. Malcomson, James. "Work Incentives, Hierarchy, and Internal Labor Markets." Journal of Political Economy 92 (June 1984): 486-507.
23. McLaughlin, Kenneth J. "Aspects of Tournament Models: A Survey." Research in Labor Economics 10 (1988): 225-56.
24. Mellow, Wesley. "Employer Size and Wages." Review of Economics and Statistics 64 (August 1982): 495-501.
25. Milgrom, Paul R. "Employment Contracts, Influence Activities, and Efficient Organization Design." Journal of Political Economy 96 (February 1988): 42-60.
26. Nalebuft, Barry J., and Stiglitz, Joseph E. "Prizes and Incentives: Towards a General Theory of Compensation and Competition." Bell Journal of Economics 14 (Spring 1983): 21-43.
27. Oi, Walter. "Low Wages and Small Firms." In Research in Labor Economics, edited by R. Ehrenberg, pp. 1-39. Greenwich, CT: JAI Press, 1990.
28. O'Keeffe, Mary; Viscusi, W. Kip; and Zeckhauser, Richard J. "Economic Contests: Comparative Reward Schemes." Journal of Labor Economics 2 (January 1984): 27-56.
29. Rosen, Sherwin. "Authority, Control, and the Distribution of Earnings." Bell Journal of Economics 13 (October 1982): 311-23.
30. _. "Prizes and Incentives in Elimination Tournaments." American Economic Review 76 (September 1986): 701-15.
31. _. "Transaction Costs and Internal Labor Markets." Journal of Law, Economics, and Organization 4 (Spring 1988): 49-64.
32. _. "The Military as an Internal Labor Market: Some Allocative, Productivity, and Incentive Problems." Social Science Quarterly 73 (July 1992): 227-37.
33. Salop, J. K., and Salop, S. C. "Self-Selection and Turnover in the Labor Market." Quarterly Journal of Economics 90 (November 1976): 619-27.
34. Smith, D. Alton; Sylwester, Stephen D.; and Villa, Christine M. "Army Reenlistment Models." In Military Compensation and Personnel Retention: Models and Evidence, edited by David K. Horne, Curtis L. Gilroy, and D. Alton Smith, pp. 43-173. Alexandria, VA: U.S. Army Research Institute, 1991.
35. Warner, John T., and Pleeter, Saul. "The Personal Discount Rate: Evidence from the Military Downsizing Programs." American Economic Review 91 (March 2001): 33-53.
36. Warner, John T., and Solon, Gary. "First-Term Attrition and Reenlistment in the U.S. Army." In Military Compensation and Personnel Retention: Models and Evidence, edited by David K. Horne, Curtis L. Gilroy, and D. Alton Smith, pp. 243-77. Alexandria, VA: U.S. Army Research Institute, 1991.