Welfare to work and work to welfare: the effect of the reference point - a theoretical and experimental study

被引:8
作者
Sherman, Arie [2 ]
Shavit, Tal [1 ]
机构
[1] Coll Management, Sch Business Adm, Rishon Leziyyon, Israel
[2] Ben Gurion Univ Negev, Dept Econ, IL-84105 Beer Sheva, Israel
关键词
Welfare; Work; Reference point; Experiment; Loss aversion; Replacement rate; UNEMPLOYMENT;
D O I
10.1016/j.econlet.2009.08.020
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper shows theoretically (based on loss aversion) and experimentally that the replacement rate between allowance and salary is above one when moving from work to welfare. When moving from welfare to work the replacement rate is lower than one. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:290 / 292
页数:3
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