Arbeitspapier
Minimum Wages and Excessive Effort Supply
It is well-known that, in static models, minimum wages generate positive worker rents and, consequently, inefficiently low e?ort. We show that this result does not necessarily extend to a dynamic context. The reason is that, in repeated employment relationships, ?rms may exploit workers' future rents to induce excessively high effort.
- Language
-
Englisch
- Bibliographic citation
-
Series: SFB/TR 15 Discussion Paper ; No. 264
- Classification
-
Wirtschaft
- Subject
-
bonuses
limited liability
minimum wages
Mindestlohn
Leistungsmotivation
Arbeitsvertrag
Vertragstheorie
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Kräkel, Matthias
Schöttner, Anja
- Event
-
Veröffentlichung
- (who)
-
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (where)
-
München
- (when)
-
2009
- DOI
-
doi:10.5282/ubm/epub.13288
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-13288-8
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kräkel, Matthias
- Schöttner, Anja
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Time of origin
- 2009
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Labor supply reaction to wage cuts and tax increases: Areal-effort experiment
Wage dispersion and workers' effort
The Labor Supply of Fixed-Wage Workers: Estimates from a Real Effort Experiment
Relative pay, effort, and labor supply
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WSI Minimum Wage Report 2019: Time for substantial minimum wage rises and a European minimum wage policy
Aggregation with a non-convex labor supply decision, unobservable effort, and incentive ("fair") wages
Minimum Wages and Excessive Effort Supply
Minimum wages and female labor supply in Germany
Minimum wages and female labor supply in Germany
Inequality in minimum-effort coordination
Essays on Minimum Wages, Labour Supply and Public Finances
Labor supply reaction to wage cuts and tax increases: Areal-effort experiment
Wage dispersion and workers' effort
The Labor Supply of Fixed-Wage Workers: Estimates from a Real Effort Experiment
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WSI Minimum Wage Report 2019 : Time for substantial minimum wage rises and a European minimum wage policy
WSI Minimum Wage Report 2019: Time for substantial minimum wage rises and a European minimum wage policy