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In business and politics, gifts are often aimed at influencing the recipient at the expense of third parties. In an … experimental study, which removes informational and incentive confounds, subjects strongly respond to small gifts even though they … and sociological theories about gifts creating an obligation to reciprocate. We capture these effects in a simple …
Persistent link: https://www.econbiz.de/10011590892
We conduct a field experiment where we vary both the presence of a gift-exchange wage and the effect of the worker …
Persistent link: https://www.econbiz.de/10012064798
the presumption that a relational contract can establish a norm of reciprocity, I show that generous upfront wages that … by the employee’s reciprocal preferences, the norm of reciprocity already shapes the incentive system at the beginning of … his career. I also show that more competition might magnify the use of reciprocity-based incentives, and that a formal …
Persistent link: https://www.econbiz.de/10012126237
between gender norms and labor-supply expectations within a survey experiment among 2,000 German adolescents. Using a … persist in a follow-up survey two weeks later, and extend to incentivized outcomes. In a second experiment, we highlight …
Persistent link: https://www.econbiz.de/10012499686
This article describes ZEW-EviSTA®, the microsimulation model developed and used at ZEW - Centre for European Economic Research in Mannheim. The model simulates the German tax and transfer system using household micro level data. By estimating fiscal effects, labor market outcomes as well as...
Persistent link: https://www.econbiz.de/10013281463
Heterogeneous-agent New Keynesian models with sticky nominal wages usually assume that wage-setting unions demand the same amount of hours from all households. As a result, unions do not take account of the fact that (i) households are heterogeneous in their willingness to work, and that (ii)...
Persistent link: https://www.econbiz.de/10014467926
Persistent link: https://www.econbiz.de/10009777651
We analyze the labor supply and income effects of a needs-based minimum benefit system ("Bedarfsorientierte Mindestsicherung") to be introduced in Austria by the end of this/beginning of next year. The aim of this reform is to reduce poverty as well as increasing employment rates of recipients...
Persistent link: https://www.econbiz.de/10008664559
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011483095
Generous income support programs as provided by European welfare states have often been blamed to hamper employment. This paper investigates the importance of incentives inherent in the tax-benefit system for the individual decision to take up work. Using German microdata over the period...
Persistent link: https://www.econbiz.de/10011295803