The desire for impact
This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make a firm in a competitive labor market face an upward-sloping supply curve of labor, lead workers with the same characteristics but at different firms to earn different wages, may alleviate the hold-up problem in firm-specific investment, can make it profitable for an employer to give workers autonomy in effort or task choice, and can propagate shocks to unemployment.
Year of publication: |
2008
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---|---|
Authors: | Dur, Robert ; Glazer, Amihai |
Published in: |
Journal of Economic Psychology. - Elsevier, ISSN 0167-4870. - Vol. 29.2008, 3, p. 285-300
|
Publisher: |
Elsevier |
Saved in:
Online Resource
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