Showing 1 - 9 of 9
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10010464368
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009277158
redistribution policy makes it possible to increase output per capita and to reduce inequality because both increase the educated …
Persistent link: https://www.econbiz.de/10005135147
Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus. …
Persistent link: https://www.econbiz.de/10010592827
We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …
Persistent link: https://www.econbiz.de/10011098375
To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size … three phases of globalization, corresponding to different production patterns and to specific changes in inequality in the … North and in the South. In the North, inequality continuously increases and unskilled workers purchasing power continuously …
Persistent link: https://www.econbiz.de/10011098381
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748
economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … generate most of the observed facts on trade and inter-skill group inequality, but also between unequally talented workers …
Persistent link: https://www.econbiz.de/10011163078