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...
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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