Arbeitspapier
Relative pay and labor supply
The authors use a labor supply; relative pay; experimental economics laboratory experiment to examine the impact of relative wages on labor supply. They test the hypothesis that, ceteris paribus, making a given wage high (low) relative to other wage levels will lead to an increase (decrease) in labor supply. They find that labor supply does respond significantly to relative pay, and in the expected direction. However, when a strong enough reason is given for the relative low pay, this difference disappears.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 12-6
- Classification
-
Wirtschaft
Time Allocation and Labor Supply
Wage Level and Structure; Wage Differentials
- Subject
-
labor supply
relative pay
experimental economics
- Event
-
Geistige Schöpfung
- (who)
-
Bracha, Anat
Gneezy, Uri
- Event
-
Veröffentlichung
- (who)
-
Federal Reserve Bank of Boston
- (where)
-
Boston, MA
- (when)
-
2012
- Handle
- Last update
-
10.03.2025, 11:41 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
- Bracha, Anat
- Gneezy, Uri
- Federal Reserve Bank of Boston
Time of origin
- 2012
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