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.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB/TR 15 Discussion Paper ; No. 264
- Klassifikation
-
Wirtschaft
- Thema
-
bonuses
limited liability
minimum wages
Mindestlohn
Leistungsmotivation
Arbeitsvertrag
Vertragstheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kräkel, Matthias
Schöttner, Anja
- Ereignis
-
Veröffentlichung
- (wer)
-
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (wo)
-
München
- (wann)
-
2009
- DOI
-
doi:10.5282/ubm/epub.13288
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-13288-8
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kräkel, Matthias
- Schöttner, Anja
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Entstanden
- 2009
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