Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/167956 
Year of Publication: 
2015
Citation: 
[Journal:] Games [ISSN:] 2073-4336 [Volume:] 6 [Issue:] 4 [Publisher:] MDPI [Place:] Basel [Year:] 2015 [Pages:] 473-494
Publisher: 
MDPI, Basel
Abstract: 
We study differences in behavior across countries in a labor market context. To this end, we conducted a bilateral gift-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We observe that in all countries, effort levels are increasing while rejection rates are decreasing in wage offers. However, we also find considerable differences in behavior across countries in both one-shot and repeated relationships, the most striking between Germany and Spain. We also discuss the influence of socio-economic indicators and the implications of our findings.
Subjects: 
gift exchange
reciprocity
cross-country
economic experiment
labor market
JEL: 
D03
C91
D81
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
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