We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor market where trading parties can form long-term employment relationships, we compare a work environment where effort is observable, but not verifiable to a situation where explicit...

Gender-based occupational segregation - the fact that men and women are typically concentrated in different occupations and economic sectors - contributes to gender gaps in earnings. In an experiment in the Republic of Congo, the authors examine whether addressing informational constraints...

We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...