Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/127288 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Discussion Paper Series No. 476
Verlag: 
University of Heidelberg, Department of Economics, Heidelberg
Zusammenfassung: 
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments? Second, do firms benefit from offering sick pay? Firms may benefit in two different ways: directly, from workers reciprocating higher sick pay with higher efforts; and indirectly, from self-selection of reciprocal workers into contracts with higher sick pay. Our main finding is that the direct effect is rather weak in terms of effort and negative in terms of profits. However, when there is competition among firms for workers, sick pay can become an important advantage. Consequently, competition leads to a higher provision of sick pay relative to a monopsonistic labor market.
Schlagwörter: 
sick pay
sick leave
experiment
gift exchange
JEL: 
C72
C91
C92
D43
L13
Dokumentart: 
Working Paper

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