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In Bartling, Fehr and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to … workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers … reciprocate high wages with high effort and (iv) employers pay high wages leaving rents to their workers. In this paper we show …
Persistent link: https://www.econbiz.de/10009571576
In Bartling, Fehr and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to … workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers … reciprocate high wages with high effort and (iv) employers pay high wages leaving rents to their workers. In this paper we show …
Persistent link: https://www.econbiz.de/10010334127
Do reciprocal workers work more if their wage compares well to similar workers in the economy? Are they more satisfied with their job? Predictions vary from theories. With a survey dataset with a representative sample of the German population, I construct a reference wage and measures for...
Persistent link: https://www.econbiz.de/10011637959
Beyond the research literature and studies, job satisfaction is really considered a need. This issue is addressed on the basis of multifarious aspects of job satisfaction, which covers, salary, healthy growth of an organization, promotional techniques, and implementation of objectives, emotion...
Persistent link: https://www.econbiz.de/10014039112
I examine whether reference points can provide an explanation for rigid wages in recessions. Even though a recession … provides a good reason to adjust wages downward, workers' perception of a "fair wage" may depend on their previous wage, their … stipulated wages-can serve as reference points. My experimental results show that with initial contracts workers punish wage cuts …
Persistent link: https://www.econbiz.de/10012518459
I examine whether reference points can provide an explanation for rigid wages in recessions. Even though a recession … provides a good reason to adjust wages downward, workers' perception of a "fair wage" may depend on their previous wage, their … stipulated wages-can serve as reference points. My experimental results show that with initial contracts workers punish wage cuts …
Persistent link: https://www.econbiz.de/10012485890
It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011818258
It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011946895
It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011984487
It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011819549