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‘The Prince and the Pauper’: The effect of inherited-wealth status on productivity in the lab

Author

Listed:
  • Dr Sofia Monteiro
  • Justine Burns
  • Patrizio Piraino

Abstract

This experiment contributes to the developing literature on the relationship between inherited-wealth status and effort provision in the labor market. This relationship is of interest beyond the lab the context of continuing national and global concern about intergenerational inequality. Inequality, and differences cultural and class backgrounds may be expected to dominate behavioral differences in South […]

Suggested Citation

  • Dr Sofia Monteiro & Justine Burns & Patrizio Piraino, 2019. "‘The Prince and the Pauper’: The effect of inherited-wealth status on productivity in the lab," Working Papers 172, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:172
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    More about this item

    Keywords

    Commodity prices; Consumer Behavior; Environmental Law; Research Methods; Social welfare;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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