Working Paper

Economic models of employee motivation


Abstract: Workers, being human beings, present employers with a range of tricky problems. Humans, unlike filing cabinets, can be crooked, subversive, surly, or indolent, even if they are paid on time. In this article we explore economists' main models of how compensation is used to address employee motivation and how these models help to explain puzzling features of the labor market.

https://doi.org/10.20955/wp.1997.006

Status: Published in Federal Reserve Bank of St. Louis Review, September/October 1997, 79(5)

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Working Papers

Publication Date: 1997

Number: 1997-006