Looking Inside the Labor Market: A Review Article

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Fair Wages in a New Keynesian Model of the Business Cycle (2002, background): “…have recently obtained im empirical support from a host of evidence in micro surveys and experimental studie umenting that workers often reciprocate extra pay with extra effort even when no qu quo is explicitly required (see Fehr and Gächter, 2001; Howitt, 2002; or Bewley, 200 surveys).”
Do Wage Cuts Damage Work Morale? Evidence from a Natural Field Experiment (2013, background): “First, workers could play a trigger strategy and punish the rm for cutting their wages by exerting lower e ort (see Howitt (2002)). Second, lower wages reduce future rents and dampen the disciplining e ect of getting red (see Shapiro and Stiglitz (1984) or MacLeod and Malcomson (1989)).”
Reasons for Wage Rigidity in Germany (2006, unknown): “Given the costs of the resulting unemployment, the question arises why societies treat themselves to the luxury of wage rigidity.1 Hence, as pointed out e.g. by Howitt (2002), explanations for wage stickiness are central to the great macroeconomic debates.”
Downward Nominal and Real Wage Rigidity: Survey Evidence from European Firms (2009, unknown): “As Howitt (2002) argues, one of the consequences of the reciprocity theory can be that wage”