What is the relationship between the structure of earnings within firms and their business and employment performance? A major CEP project led by David Marsden has been using new European data to examine the role that firms' performance management systems play in the macroeconomy. In particular, the project has explored the ways in which these systems interact with institutional features of the labour market to produce different outcomes in different regional and industrial contexts.

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February 2005     Paper Number CEPCP174

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