Reciprocity in Labor Market Relationships: Evidence from an Experiment across High-Income OECD Countries.
Waichman, Israel, Siang, Ch’ng, Requate, Till, Shafran, Aric, Camacho-Cuena, Eva, Iida, Yoshio and Shahrabani, Shosh (2015) Reciprocity in Labor Market Relationships: Evidence from an Experiment across High-Income OECD Countries. Games, 6 (4). pp. 473-494. DOI 10.3390/g6040473.
Full text not available from this repository.Abstract
We study differences in behavior across countries in a labor market context. To this end, we conducted a bilateral gift-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We observe that in all countries, effort levels are increasing while rejection rates are decreasing in wage offers. However, we also find considerable differences in behavior across countries in both one-shot and repeated relationships, the most striking between Germany and Spain. We also discuss the influence of socio-economic indicators and the implications of our findings.
Document Type: | Article |
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Keywords: | gift exchange; reciprocity; cross-country; economic experiment; labor market |
Research affiliation: | Kiel University Kiel University > Kiel Marine Science OceanRep > The Future Ocean - Cluster of Excellence |
Refereed: | Yes |
Open Access Journal?: | No |
DOI etc.: | 10.3390/g6040473 |
ISSN: | 2073-4336 |
Projects: | Future Ocean |
Date Deposited: | 01 Mar 2018 13:18 |
Last Modified: | 23 Sep 2019 20:46 |
URI: | http://oceanrep.geomar.de/id/eprint/42081 |
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