Optimal Combination of Wage Cuts and Layoffs: The Unexpected Side Effect of a Performance-based Payment System

Izumi Yokoyama (), 泉 横山, Takuya Obara and 拓也 小原

No 2015-07, Discussion Papers from Graduate School of Economics, Hitotsubashi University

Keywords: Layoff; Wage cut; Morale; Performance-based payment system (search for similar items in EconPapers)
JEL-codes: J30 J33 J63 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2015-10
New Economics Papers: this item is included in nep-hrm
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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/28880/070econDP15-07.pdf

Related works:
Journal Article: Optimal combination of wage cuts and layoffs—the unexpected side effect of a performance-based payment system (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:econdp:2015-07

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