The Future of Personnel Economics
回顾了人事经济学20年来的发展，提出若干未解问题，如工资增长取决于个人还是企业、高管薪酬为何高且形式特殊、不同国家薪酬差异的原因、可变薪酬与固定工资的激励效果比较等，并给出一些猜想。
Personnel economics has grown over the past 20 years to become a major branch of labour economics. Although much has been learned, many important questions remain. For example, are worker wage profiles dependent on individual attributes or is the firm more important in determining wage growth? Why are executives so highly paid and why does pay take the form that it does? How can cross‐country differences in pay patterns be explained? Does variable pay provide better incentives than fixed hourly wages? Under which circumstances is one form of compensation used over another? These questions and others are investigated and some conjectures offered.