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The causes and economic consequences of envy
Cabrales, Antonio - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 4, pp. 371-386
flexibility. I suggest that labor and human resource economics can benefit from including envy into the standard set of factors …
Persistent link: https://www.econbiz.de/10010317107
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Social preferences and skill segregation
Cabrales, Antonio; Calvó, Antoni - Department of Economics and Business, Universitat … - 2002
This paper shows that models where preferences of individuals depend not only on their allocations, but also on the well-being of other persons, can produce both large and testable effects. We study the allocation of workers with heterogeneous productivities to firms. We show that even small...
Persistent link: https://www.econbiz.de/10005772383
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Aversion to Inequality and Segregating Equilibria
Cabrales Goitia, Cabrales Goitia Antonio; … - Fundación BBVA - 2007
This working paper shows that models where preferences of individuals depend not only on their allocations, but also on the well-being of other persons, can produce both large and testable effects. We study the allocation to firms of workers with heterogeneous productivities to firms. We show...
Persistent link: https://www.econbiz.de/10008685256
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Social Preferences, Skill Segregation, and Wage Dynamics
Cabrales, Antonio; Calvo-Armengol, Antoni; Pavoni, Nicola - Society for Economic Dynamics - SED - 2005
Persistent link: https://www.econbiz.de/10004977951
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Present-biased envy, inequality, and growth
Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2024
We take into account that envy (relative consumption concerns) is more pronounced in the present than in the future. We … exogenous parameters. Agents' preferences exhibit present-biased envy: agents are naive and care about how their consumption … levels compare to that of others in the current period. Our results suggest that present-biased envy affects both the level …
Persistent link: https://www.econbiz.de/10014528209
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Wage dispersion and wage dynamics within and across firms
Carrillo-Tudela, Carlos; Smith, Eric - 2009
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10010292209
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Wage dispersion and wage dynamics within and across firms
Carrillo-Tudela, Carlos; Smith, Eric - 2009
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10010268976
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Wage Dispersion and Wage Dynamics Within and Across Firms
Carrillo-Tudela, Carlos; Smith, Eric - Institute for the Study of Labor (IZA) - 2009
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10005822734
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Looking Awkward When Winning and Foolish When Losing: Inequity Aversion and Performance in the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - 2008
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10012168289
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Inequality Aversion and Performance in and on the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - 2008
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10012168296