Kulesz, Micaela M.; Dittrich, Dennis A. V. - In: Economics Bulletin 34 (2014) 4, pp. 2142-2150
Using an intergenerational trilateral laboratory gift-exchange game, we investigate how employers' own performance in a real effort task impacts on the wage setting behavior of younger and older employers. We find that the employers' own past performance strongly affects wage setting behavior,...
