Sliwka, Dirk ORCID: 0000-0002-8026-0165 and Werner, Peter (2017). Wage Increases and the Dynamics of Reciprocity. J. Labor Econ., 35 (2). S. 299 - 345. CHICAGO: UNIV CHICAGO PRESS. ISSN 1537-5307
Full text not available from this repository.Abstract
We investigate how workers' performance is affected by the timing of wages in a real-effort experiment. In all treatments, agents earn the same wage sum, but wage increases are distributed differently over time. We find that agents work harder under increasing wage profiles if they do not know these profiles in advance. A profile that continuously increases wages by small amounts raises performance by about 15% relative to a constant wage. The effort reactions can be organized by a model in which agents reciprocally respond to wage impulses, comparing wages to an adaptive reference standard determined by the previous wage.
Item Type: | Journal Article | ||||||||||||
Creators: |
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URN: | urn:nbn:de:hbz:38-235627 | ||||||||||||
DOI: | 10.1086/689189 | ||||||||||||
Journal or Publication Title: | J. Labor Econ. | ||||||||||||
Volume: | 35 | ||||||||||||
Number: | 2 | ||||||||||||
Page Range: | S. 299 - 345 | ||||||||||||
Date: | 2017 | ||||||||||||
Publisher: | UNIV CHICAGO PRESS | ||||||||||||
Place of Publication: | CHICAGO | ||||||||||||
ISSN: | 1537-5307 | ||||||||||||
Language: | English | ||||||||||||
Faculty: | Faculty of Management, Economy and Social Sciences | ||||||||||||
Divisions: | Center of Excellence C-SEB Faculty of Management, Economics and Social Sciences > Business Administration > Corporate Development > Professorship for Business Administration and Human Resources Management |
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Subjects: | Economics | ||||||||||||
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Refereed: | Yes | ||||||||||||
URI: | http://kups.ub.uni-koeln.de/id/eprint/23562 |
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