Asymmetric labor-supply responses to wage-rate changes - evidence from a field experiment

"The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than g...

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Bibliographic Details
Main Authors: Dörrenberg, Philipp, Denvil, Duncan, Löffler, Max
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Mannheim 2016
ZEW
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19107067124919252499-asymmetric-labor-supply-respon.htm

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