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Based on Akerlof and Kranton (2005), who argue that group identity and social norms influence individual preferences towards work effort, a model is developed to understand why firms create good job conditions, taking into account the cost of implementing them and their impact on wages and productivity. Then, using individual-level data from the Gallup World Poll for 18 Latin American countries, the main predictions of the model are tested using propensity score matching. We find a positive link between good job conditions, workers’ labor income and productivity when there are several simultaneous signals of a good work environment. We conclude that there is a positive payoff of investing in good job conditions for both workers and firms.

Keywords: Job Conditions ; Human Resources Management ; Labor Productivity ; Identity Economics ; Propensity Score Matching ; Latin America

Subject(s): International Development

Labor and Human Capital

Productivity Analysis

Issue Date: 2014

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/169810

Total Pages: 37

JEL Codes: J24; J64; M12; M54; O54

Record appears in: Agricultural and Applied Economics Association (AAEA) > 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota





Autor: Chaparro, Juan ; Lora, Eduardo

Fuente: http://ageconsearch.umn.edu/record/169810?ln=en







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