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  1. Does pay inequality affect worker effort?
    an assessment of existing laboratory designs
    Autor*in: Fongoni, Marco
    Erschienen: 2022
    Verlag:  [Aix-Marseille School of Economics], [Aix-en-Provence

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working papers / AMSE, Aix-Marseille School of Economics ; WP 2022, nr 30
    Schlagworte: pay inequality; effort; laboratory experiments; reference dependence; fairness
    Umfang: 1 Online-Ressource (circa 44 Seiten)
  2. Firming up inequality
    Erschienen: April 2018
    Verlag:  Princeton University, Industrial Relations Section, Princeton

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper / Princeton University, Industrial Relations Section ; #618
    Schlagworte: Income inequality; pay inequality; between firm inequality
    Umfang: 1 Online-Ressource (circa 90 Seiten), Illustrationen
  3. Is performance affected by the CEO-employee pay gap?
    evidence from Australia
    Erschienen: November 2021
    Verlag:  University of Waikato, Hamilton, New Zealand

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    Sprache: Englisch
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    Schriftenreihe: Working paper in economics / [University of Waikato] ; 21, 14
    Schlagworte: CEO compensation; pay inequality; pay ratio; employee performance; productivity
    Umfang: 1 Online-Ressource (circa 36 Seiten)
  4. Kind or contented?
    an investigation of the gift exchange hypothesis in a natural field experiment in Colombia
    Erschienen: [2021]
    Verlag:  Kiel Institute for the World Economy, Kiel

    The gift exchange hypothesis postulates that workers reciprocate above market-clearing wages with above-minimum effort. This hypothesis has received mixed support in dyadic employer-worker relationships. We present a field-experimental test to assess... mehr

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    The gift exchange hypothesis postulates that workers reciprocate above market-clearing wages with above-minimum effort. This hypothesis has received mixed support in dyadic employer-worker relationships. We present a field-experimental test to assess this hypothesis in the context of a triadic relationship in which only one out of two workers receives a pay increase. We conjecture that inequality aversion motivations may thwart positive reciprocity motivations and analyze the interaction between such motivations theoretically. Across three treatments, the pay increase is justified to workers based on either relative merit or relative need or was arbitrary as no justification was offered. Two conditions in which either none or both workers receive a bonus serve as the reference. In contrast to the gift exchange hypothesis, we find that pay increases lead to a decrease in productivity. Such a decrease is most sizable in the condition where both workers receive the bonus. A post-diction of this result is that workers interpret the monetary bonus as a signal of the employer’s contentment with their effort, which makes them feel entitled to reduce their effort. In other treatments, receiving the pay increase while the coworker does not has a positive effect on productivity, especially when the pay increase is based on merit. This result is consistent with statusseeking preferences rather than aversion against advantageous inequality. Conversely, not receiving the pay increase while the coworker does, leads to lower productivity, especially when the pay increase is assigned based on relative needs.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/246590
    Schriftenreihe: Kiel working paper ; no. 2199 (November 2021)
    Schlagworte: Gift exchange; employer-worker relationship; pay inequality; field experiment; reciprocity; labor market; effort provision; fairness; wage inequality
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen