Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
885379 | Journal of Economic Psychology | 2008 | 16 Pages |
Abstract
This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make a firm in a competitive labor market face an upward-sloping supply curve of labor, lead workers with the same characteristics but at different firms to earn different wages, may alleviate the hold-up problem in firm-specific investment, can make it profitable for an employer to give workers autonomy in effort or task choice, and can propagate shocks to unemployment.
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Authors
Robert Dur, Amihai Glazer,