referencing (2)
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References Bewley, T. F., 1999. Why Wages Don’t Fall During a Recession. Cambridge, Massachusetts: Harvard
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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)