The Desire for Impact

Robert Dur and Amihai Glazer ()
Additional contact information
Amihai Glazer: Department of Economics, University of California, Irvine

No 04-115/1, Tinbergen Institute Discussion Papers from Tinbergen Institute

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.

This discussion paper has resulted in a publication in the Journal of Economic Psychology . (Vol. 29, issue 3, 2008, 285-300.)

Keywords: impact; monopsonistic behavior; wage differentials; hold-up problem; contracts; autonomy (search for similar items in EconPapers)
JEL-codes: J3 J4 M5 (search for similar items in EconPapers)
Date: 2004-10-26, Revised 2006-12-19
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: The desire for impact (2008)
Working Paper: The Desire for Impact (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20040115

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