search query: @indexterm CAPITAL ACCUMULATION / total: 28
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Author: | Haber, S. Goldfarb, R. |
Title: | Does salaried status affect human capital accumulation? |
Journal: | Industrial and Labor Relations Review
1995 : JAN, VOL. 48:2, p. 322-337 |
Index terms: | CAPITAL ACCUMULATION HUMAN CAPITAL PAY |
Language: | eng |
Abstract: | Human capital studies do not usually consider whether an individual is paid an hourly wage or a salary. The authors of this paper develop a conceptual framework that explains why some workers are paid salaries and predicts that salaried workers will invest more in human capital than will hourly workers. In particular, this prediction hinges on the differing effort incentives facing hourly and salaried workers and their employers, in jobs that are paced versus unpaced. |
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