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We present an experimental test of a shirking model where monitoring intensityis endogenous and effort a continuous variable. Wage level, monitoring intensityand consequently the desired enforceable effort level are jointly determined bythe maximization problem of the firm. As a result,...
Persistent link: https://www.econbiz.de/10005866658
The workforce in all industrialized countries is aging. To forecast future challenges,it is important to understand the impact of a worker’s age on the labor market. In thispaper, we analyze whether older workers in Germany and Norway are treated differentlyin the hiring process. Students and...
Persistent link: https://www.econbiz.de/10005866818
We investigate the gender specific inter-temporal allocation behavior ofspouses with different deterministic life expectations in an experimentwhere the gender of one's partner is known. In each period of theirlife both partners propose a consumption level one of which is thenrandomly...
Persistent link: https://www.econbiz.de/10005867075
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We implement a laboratory experiment in which a principal has to decide on monitoring intensity and pay to investigate whether they are complements or substitutes. Wage level, monitoring intensity, and consequently the desired enforceable effort level are jointly determined by the maximization...
Persistent link: https://www.econbiz.de/10010396797
We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous variable. Wage level, monitoring intensity and consequently the desired enforceable effort level are jointly determined by the maximization problem of the firm. As a result,...
Persistent link: https://www.econbiz.de/10010427614
The German population is ageing due to decreasing birth rates and increasing life expectancy. To sustain the German pension system, legal retirement age is increased step by step to 67 years. This raises questions about how to enable and motivate older individuals to work that long. Hence, it is...
Persistent link: https://www.econbiz.de/10011301386
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