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The bonus share of flexible pay in Germany, Japan and the US: Some empirical regularities


  • Nakamura, Masao
  • Hubler, Olaf


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  • Nakamura, Masao & Hubler, Olaf, 1998. "The bonus share of flexible pay in Germany, Japan and the US: Some empirical regularities," Japan and the World Economy, Elsevier, vol. 10(2), pages 221-232, April.
  • Handle: RePEc:eee:japwor:v:10:y:1998:i:2:p:221-232

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    References listed on IDEAS

    1. Hart, Robert A & Hubler, Olaf, 1991. "Are Profit Shares and Wages Substitute or Complementary Forms of Compensation?," Kyklos, Wiley Blackwell, vol. 44(2), pages 221-231.
    2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    3. Lazear, Edward P, 1986. "Salaries and Piece Rates," The Journal of Business, University of Chicago Press, vol. 59(3), pages 405-431, July.
    4. Akerlof, George A, 1984. "Gift Exchange and Efficiency-Wage Theory: Four Views," American Economic Review, American Economic Association, vol. 74(2), pages 79-83, May.
    5. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, Oxford University Press, vol. 97(4), pages 543-569.
    6. Hart, Robert A & Ruffell, Robin J, 1993. "The Cost of Overtime Hours in British Production Industries," Economica, London School of Economics and Political Science, vol. 60(238), pages 183-201, May.
    7. Jensen, Michael C & Murphy, Kevin J, 1990. "Performance Pay and Top-Management Incentives," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-264, April.
    8. M. Anne Hill, 1984. "Female Labor Force Participation in Japan: An Aggregate Model," Journal of Human Resources, University of Wisconsin Press, vol. 19(2), pages 280-287.
    9. Nakamura, Alice & Nakamura, Masao, 1981. "A Comparison of the Labor Force Behavior of Married Women in the United States and Canada, with Special Attention to the Impact of Income Taxes," Econometrica, Econometric Society, vol. 49(2), pages 451-489, March.
    10. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
    11. Walter Oi, 1983. "The Fixed Employment Costs of Specialized Labor," NBER Chapters,in: The Measurement of Labor Cost, pages 63-122 National Bureau of Economic Research, Inc.
    12. Nakamura, Masao & Nakamura, Alice, 1991. "Risk behavior and the determinants of bonus versus regular pay in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 5(2), pages 140-159, June.
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    Cited by:

    1. Abe, Naohito & Gaston, Noel & Kubo, Katsuyuki, 2005. "Executive pay in Japan: the role of bank-appointed monitors and the Main Bank relationship," Japan and the World Economy, Elsevier, vol. 17(3), pages 371-394, August.
    2. Chia-ying Liu & Juin-jen Chang, 2011. "Macroeconomic implications of a sharing compensation scheme in a model of endogenous growth," Journal of Economics, Springer, vol. 102(1), pages 57-75, January.

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