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

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 3
Pages: 290-292

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:3:p:290-292
Journal Field
General
Author Count
2
Added to Database
2026-01-29