Arbeitspapier

Fairness, Reciprocity, and Wage Rigidity

This paper contains a review of empirical work related to wage rigidity, where researchers have collected their own data. The work includes field studies, economic experiments, and psychological surveys. Economists have done the field studies and experiments, and management scientists and experimental psychologists have done the surveys. There is a remarkable agreement among the observations of all these investigators.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 1137

Classification
Wirtschaft
Wage Level and Structure; Wage Differentials
Business Fluctuations; Cycles
Subject
wage and salary determination
wage rigidity
unemployment
layoffs
hiring and firing
Lohnrigidität
Schätzung
Experiment
Arbeitspsychologie

Event
Geistige Schöpfung
(who)
Bewley, Truman
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2004

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bewley, Truman
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2004

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