referencing (2)

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 References Bewley, T. F., 1999. Why Wages Don’t Fall During a Recession. Cambridge, Massachusetts: Harvard University Press. Bewley, T. F., 2005. Fairness, Reciprocity, and Wage Rigidity. H. Gintis, S. Bowles, R. T. Boyd, and E. Fehr (Eds.), Moral Sentiments and Material I nterests: The Foundations of Cooperation in Economic Life, Cambridge: MIT Press. Cox, J. C. D. F. a. S. G., 2007. A Tractable Model of Reciprocity and Fairness. Games and Economic Behavior Vol. 59, p. 17  45. Fehr, E. a. K. M. S., 1999. A Theory Of Fairness, Competition And Cooperation. Quarterly Journal of Economics, Vol. 114, p. 817  868. Fehr, E. G. K. a. A. R., 1993. Does Fairness Prevent Market Clearing? An Experimental Investigation. Quarterly Journal of Economics, Vol. 108, p. 437  460. Gneezy, U. a. J. A. L., 2006. Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments. Econometrica Vol. 74, p. 1365  1384. Hennig-Schmidt, H. B. R. a. A. S., 2010. In Search of Workers’ Real Effort Reciprocity - A Field and a Laboratory Experiment. Journal of the European Ec onomic Association Vol. 8, No. 4, p. 817  837. Sebastian Kube, M. A. M. a. C. P., 2011. Do Wage Cuts Damage Work Morale?. Shearer, B. S., 2003. Compensation Policy and Worker Performance Identifying Incentive Effects from Field Experiments. Journal of the European Eco nomic Association, Vol. 1, p. 503  511.

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References Bewley, T. F., 1999. Why Wages Don’t Fall During a Recession. Cambridge, Massachusetts: Harvard

University Press. 

Bewley, T. F., 2005. Fairness, Reciprocity, and Wage Rigidity. H. Gintis, S. Bowles, R. T. Boyd, and E.

Fehr (Eds.), Moral Sentiments and Material Interests: The Foundations of Cooperation in Economic

Life, Cambridge: MIT Press. 

Cox, J. C. D. F. a. S. G., 2007. A Tractable Model of Reciprocity and Fairness. Games and Economic

Behavior Vol. 59, p. 17 –45.

Fehr, E. a. K. M. S., 1999. A Theory Of Fairness, Competition And Cooperation. Quarterly Journal of

Economics, Vol. 114, p. 817 –868.

Fehr, E. G. K. a. A. R., 1993. Does Fairness Prevent Market Clearing? An Experimental Investigation.

Quarterly Journal of Economics, Vol. 108, p. 437 –460.

Gneezy, U. a. J. A. L., 2006. Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor

Markets Using Field Experiments. Econometrica Vol. 74, p. 1365 –1384.

Hennig-Schmidt, H. B. R. a. A. S., 2010. In Search of Workers’ Real Effort Reciprocity - A Field and aLaboratory Experiment. Journal of the European Economic Association Vol. 8, No. 4, p. 817 –837.

Sebastian Kube, M. A. M. a. C. P., 2011. Do Wage Cuts Damage Work Morale?.

Shearer, B. S., 2003. Compensation Policy and Worker Performance Identifying Incentive Effects

from Field Experiments. Journal of the European Economic Association, Vol. 1, p. 503 –511.

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Appendix Table 1.1: Productivity Development Over Time

Quarter Average # book entries per quarter

Baseline Pay Raise Pay Cut

I 52 47 38

II 55 55 43

III 55 55 44

IV 57 61 47

Total output 219 218 172

Average output 54.75 54.5 43

Source: Based on author’s own calculation using Figure 2 of Kube, Marechal, and Puppe (2011)

Table 1.2: Cumulative Distribution Functions (Interpreted)

Total number of book entries Cumulative probability

Baseline Pay Raise Pay Cut

< = 200 40% 50% 80%

> =300 98% 100% 0

Source: Based on author’s own calculation using Figure 2 of Kube, Marechal, and Puppe (2011)

Table 2.1: Incentive Effects (The piece rate system of payment): Productivity development over

time

Quarter Average # book entries per quarter

Baseline Piece Rate

I 52 60

II 55 68

III 55 72

IV 57 73

Total output 219 273

Average output 54.75 68.25

Source: Based on author’s own calculation using Figure 3 of Kube, Marechal, and Puppe (2011)

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Table 2.2: Cumulative Distribution Functions (Interpreted)

Total number of book entries Cumulative Distribution Functions

Baseline Piece Rate

< = 200 40% 97%

> =300 90% 98%

Source: Based on author’s own calculation using Figure 3 of Kube, Marechal, and Puppe (2011)