Arbeitspapier
Stress and incentives at work
An extensive medical and occupational-health literature finds that an imbalance between effort and reward is an important stressor which produces serious health consequences. We incorporate these effects in a simple agency model with moral hazard and limitecl liability, and study their impact on the agent's effort and utility, assuming that agents differ in their stress susceptibility. We test our predictions using the 2015 wave of the European Working Condition Survey. We find that individuals who are more susceptible to stress work harder and have lower subjective well-being.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 97
- Klassifikation
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Wirtschaft
Asymmetric and Private Information; Mechanism Design
General Welfare; Well-Being
Compensation Packages; Payment Methods
- Thema
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Effort-Reward Imbalance
incentives
stress
subjective well-being
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cottini, Elena
Ghinetti, Paolo
Iossa, Elisabetta
Sacco, Pierluigi
- Ereignis
-
Veröffentlichung
- (wer)
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Università Cattolica del Sacro Cuore, Dipartimento di Economia e Finanza (DISCE)
- (wo)
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Milano
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Cottini, Elena
- Ghinetti, Paolo
- Iossa, Elisabetta
- Sacco, Pierluigi
- Università Cattolica del Sacro Cuore, Dipartimento di Economia e Finanza (DISCE)
Entstanden
- 2021