Can temporary in-work support help the long-term unemployed enter sustained work?

Richard Dorsett, 21 November 2013



There is growing awareness among policymakers that, in order to break the so-called ‘low pay, no pay’ cycle, labour market programmes must do more than just encourage job entry. To help the unemployed achieve long-term self-sufficiency, they must also support them in work.

Topics: Labour markets
Tags: hysteresis, incentives, low pay, tax credits, unemployment

Managing bureaucrats

Imran Rasul, Daniel Rogger, 19 November 2013



Since its inception in the 1850s, the British Civil Service has become a cornerstone of the executive branch of the UK government, translating the policy programme of the government into practice.

Topics: Development, Institutions and economics, Politics and economics
Tags: Africa, bureaucracy, civil service, incentives, Management, monitoring, Nigeria

Should we promote ‘healthy choices’ or ‘healthy environments’?

Joan Costa-i-Font, 12 April 2013



A growing share of healthcare expenditures is both directly and indirectly the consequence of unhealthy behaviour.

Topics: Health economics
Tags: incentives, obesity, Smoking, social norms

On the use of high-powered incentives in the public sector

Simon Burgess, Carol Propper, Marisa Ratto, Emma Tominey, Stephanie von Hinke Kessler Scholder, 6 September 2012



With budgets under pressure, governments around the world are trying to get more from fewer public sector workers – the perennial productivity issue. A number have resorted to introducing ‘high-powered’ incentives into the public sector.

Topics: Productivity and Innovation
Tags: incentives, Public sector

No margin, no mission? Motivating agents in the social sector

Oriana Bandiera, B Kelsey Jack, Nava Ashraf, 13 March 2012



Many organisations hire agents to perform pro-social tasks, namely tasks that entail benefits for others in society. This is mostly true for non-profit and other mission-driven organisations, but is becoming increasingly relevant for for-profit organisations that often engage in pro-social activities alongside their main line of business.

Topics: Development
Tags: incentives, pro-social behaviour, randomised experiment

Why expect S&P, Moody’s, or Fitch to know it's junk when expert musicians can't tell a Stradivarius from a fiddle?

Victor Ginsburgh, 16 January 2012



A paper by Fritz et al (2012) published last week in the Proceedings of the National Academy of Sciences shows that professional musicians are unable to distinguish between the tonal superiority of a violin built by Stradivari (which would cost up to $4 million) from that of a new American instrument (a couple of thousand).

Topics: Frontiers of economic research, Global governance, International finance
Tags: credit-rating agencies, financial regulation, incentives, movies, music, wine

Bankers’ bonuses and the financial crisis

Ian Tonks, 8 January 2012



In the fallout from the financial crisis of 2007-8, a number of official policy documents have reported on its causes and have identified executive pay packets and bonuses in banks and financial institutions as being partly to blame.

Topics: Global crisis, International finance
Tags: banker bonuses, incentives, risk

Incentive and insurance effects of tax financed unemployment insurance

Torben M. Andersen, 27 September 2010

Vox users can download CEPR Discussion Paper 8025 for free here. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

Journalists are entitled to free DP downloads on request; please contact To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

Topics: Europe's nations and regions, Labour markets, Taxation, Welfare state and social Europe
Tags: flexicurity, incentives, Risk sharing, search, unemployment benefits

Incentive accounts: A solution to executive compensation

Xavier Gabaix , Alex Edmans, 24 June 2009



In an influential book, Bebchuk and Fried (2004) argued that executive compensation is set by managers themselves to maximise their own pay, rather than by boards on behalf of shareholders. Indeed, many commentators argue that executives’ pay schemes were major contributors to the financial crisis, encouraging them to take on too much risk and manage their company for short-term profit.

Topics: Microeconomic regulation
Tags: Executive compensation, incentives

Bonus incensed

Jon Danielsson, Con Keating, 25 May 2009



The bonus culture in financial institutions encouraged excessive risk taking with implications for financial stability; individual traders enjoyed the upside, leaving the financial institution and even the public to suffer the downside (Sibert 2009, Boeri 2009,

Topics: Financial markets
Tags: banks, Bonus, incentives, risk

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