Hours and wages: A bargaining approach

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 217
Issue: C

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

In a recent paper, Bick et al. (2022) show the presence of a hump-shaped relationship between hours and hourly wages with a maximum around 50 h worked. We show that a model with fixed labor costs where workers and firms bargain in wages and hours can help explain this non-linear relationship. Also, a quantitative version of the model is able to match the empirical hourly-wage to hours worked relationship estimated by those authors for the US.

Technical Details

RePEc Handle
repec:eee:ecolet:v:217:y:2022:i:c:s0165176522002105
Journal Field
General
Author Count
3
Added to Database
2026-01-25