Do workers work more when earnings are high?

  • Stafford T
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Abstract

… Since the impact of a one-day change in earnings on lifetime wealth is negligible, it is … These studies also demonstrate that the effects of reference dependence on labor supply are small in … They also suggest that the substitution effect may be much larger than previously thought …

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APA

Stafford, T. (2018). Do workers work more when earnings are high? IZA World of Labor. https://doi.org/10.15185/izawol.455

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