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and across gender. Our results show that when children and teenagers grow older, inequality aversion becomes a gradually …
Persistent link: https://www.econbiz.de/10008557230
The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...
Persistent link: https://www.econbiz.de/10005762121
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010884177
In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the proposer can choose between two possible offers. Option...
Persistent link: https://www.econbiz.de/10009371183
This paper estimates the gender wage gap and its composition in China's urban labor market using the 2009 survey data … examine the gender wage gap using ordinary least square regression method with a gender dummy variable. Then, we apply Oaxaca …
Persistent link: https://www.econbiz.de/10009416933
In Germany, there is a vivid political debate on introducing a general statutory minimum wage. In this paper, we study the effects of minimum wages on labor supply using a structural household model where we distinguish between married and single households. In the model, labor supply of married...
Persistent link: https://www.econbiz.de/10011212753
The population of most developed societies is ‘graying’. As life expectancy increases and the large baby-boom generation approaches retirement age, this has critical consequences for maintaining a high standard of living and the sustainability of pension systems. In the light of these...
Persistent link: https://www.econbiz.de/10005762257
An important aspect of the impact of the economic crisis is how pay in the public sector responds – in the face not only of the evolution of pay in the private sector, but also extreme pressure on public spending (of which pay is a very large proportion) as fiscal deficits soar. What are the...
Persistent link: https://www.econbiz.de/10008568306
This paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...
Persistent link: https://www.econbiz.de/10005761789
unexplored dimensions of gender differences and discuss their bearings on labor market outcomes. Experiments have offered new … findings on gender discrimination, and while they have identified a bias against hiring women in some labor market segments …. Experiments have also offered new insights into gender differences in preferences: women appear to gain less from negotiation …
Persistent link: https://www.econbiz.de/10010959809