Showing 1 - 10 of 36
We analyze how quits responded to arbitrary differences in own and peer wages using an unusual feature of a pay raise … within 1 cent of each other received new wages that differed by 10 cents. First, we estimate a regression discontinuity (RD …) model based on own wages; we find large causal effects of wages on quits, with quit elasticities less than -10. Next, we …
Persistent link: https://www.econbiz.de/10011289322
the rate of unemployment and the wages of similar workers in the outside market and the wage-fairness perceptions of …
Persistent link: https://www.econbiz.de/10002459131
We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003934053
. -- Fair wages ; unemployment ; strategic effect ; offshoring …
Persistent link: https://www.econbiz.de/10003831919
The authors analyze gender differences in fairness perceptions of own wages and subsequent wage growth. The main …
Persistent link: https://www.econbiz.de/10011798080
We present results from a field experiment testing the gift-exchange hypothesis inside a tree-planting firm paying its workforce incentive contracts. Firm managers told a crew of tree planters they would receive a pay raise for one day as a result of a surplus not attributable to past planting...
Persistent link: https://www.econbiz.de/10003540704
We present a field experiment in which we set up a call-center to study how the productivity of workers is affected if managers treat their co-workers in an unfair way. This question cannot be studied in long-lived organizations since workers may change their career expectations (and hence...
Persistent link: https://www.econbiz.de/10011758792
concerns on economic outcomes. We also review evidence from laboratory and field experiments examining the role of wages and … fairness on effort, derive predictions from our approach for entry-level wages and incumbent workers' wages, confront these … of economic policies such as minimum wage laws. -- Fairness ; contracts ; wages ; effort ; experiments …
Persistent link: https://www.econbiz.de/10003793473
, resulting in wages that workers deem unfair, along with adverse worker morale consequences in equilibrium. These insights reveal … the efficiency costs of subcontracting as an employer strategy to redress workers' demand for fair wages. …
Persistent link: https://www.econbiz.de/10012116361
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...
Persistent link: https://www.econbiz.de/10003652683