We analyze the impact on a firm's profits and optimal wage rates, and on the distribution of workers' earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort …

parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive …) wage constant, the intensity of child labor decreases with the parent's earnings. However, when we make the child …'s (imputed) wage a function of the parent's earnings, then the outcome can be different. With the help of a numerical example, we …

parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive …) wage constant, the intensity of child labor decreases with the parent's earnings. However, when we make the child …'s (imputed) wage a function of the parent's earnings, then the outcome can be different. With the help of a numerical example, we …

parent’s earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive …) wage constant, the intensity of child labor decreases with the parent’s earnings. However, when we make the child …’s (imputed) wage a function of the parent’s earnings, then the outcome can be different. With the help of a numerical example, we …