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来源类型Working Paper
规范类型报告
DOI10.3386/w24906
来源IDWorking Paper 24906
Fairness and Frictions: The Impact of Unequal Raises on Quit Behavior
Arindrajit Dube; Laura Giuliano; Jonathan Leonard
发表日期2018-08-20
出版年2018
语种英语
摘要We analyze how separations responded to arbitrary differences in own and peer wages at a large U.S. retailer. Regression-discontinuity estimates imply large causal effects of own wages on separations, and on quits in particular. However, this own-wage response could reflect comparisons either to market wages or to peer wages. Estimates using peer-wage discontinuities show large peer-wage effects and imply the own-wage separation response mostly reflects peer comparisons. The peer effect is driven by comparisons with higher-paid peers—suggesting concerns about fairness. Separations appear fairly insensitive when raises are similar across peers—suggesting search frictions and monopsony are relevant in this low-wage sector.
主题Microeconomics ; Behavioral Economics ; Labor Economics ; Labor Compensation ; Labor Market Structures ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w24906
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582580
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Arindrajit Dube,Laura Giuliano,Jonathan Leonard. Fairness and Frictions: The Impact of Unequal Raises on Quit Behavior. 2018.
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