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Experimental labor markets and policy considerations: Incomplete contracts and macroeconomic aspects

  • Casoria Fortuna
  • Riedl Arno

    (METEOR)

This survey focuses on experimental labor markets investigating two aspects that deem us importantfor a better understanding of labor market relations and the consequences for labor marketpolicies. The first part of the survey is dedicated to papers that assess the prevalence ofreciprocal considerations in incomplete labor contracts. The second part summarizes the relativelysmall but growing experimental literature exploring labor issues in a macroeconomics and publicfinance setting and studying the interaction between taxation and labor market outcomes.

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File URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:9b82159e-8d57-4818-9a7c-f246994fe6be/datastreams/ASSET1/content
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Paper provided by Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) in its series Research Memorandum with number 058.

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Date of creation: 2012
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Handle: RePEc:unm:umamet:2012058
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  6. R. Lynn Hannan & John H. Kagel & Donald V. Moser, 2002. "Partial Gift Exchange in an Experimental Labor Market: Impact of Subject Population Differences, Productivity Differences, and Effort Requests on Behavior," Journal of Labor Economics, University of Chicago Press, vol. 20(4), pages 923-951, October.
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  25. Sandra Maximiano & Randolph Sloof & Joep Sonnemans, 2007. "Gift Exchange in a Multi-Worker Firm," Economic Journal, Royal Economic Society, vol. 117(522), pages 1025-1050, 07.
  26. Ernst Fehr & Jean-Robert Tyran, 2001. "Does Money Illusion Matter?," American Economic Review, American Economic Association, vol. 91(5), pages 1239-1262, December.
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  34. Georg Kirchsteiger & Ernst Fehr & Arno Riedl, 1993. "Does Fairness Prevent Market Clearing? An Experimental Investigation," ULB Institutional Repository 2013/5927, ULB -- Universite Libre de Bruxelles.
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