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The Changing Distribution of Earnings in OECD Countries$
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A.B. Atkinson

Print publication date: 2008

Print ISBN-13: 9780199532438

Published to Oxford Scholarship Online: September 2008

DOI: 10.1093/acprof:oso/9780199532438.001.0001

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A Behavioural Model of Changing Pay Norms

A Behavioural Model of Changing Pay Norms

Chapter:
(p.89) Note 2 A Behavioural Model of Changing Pay Norms
Source:
The Changing Distribution of Earnings in OECD Countries
Author(s):

A. B. Atkinson (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199532438.003.0013

The note describes a simple version of the pay norm model, where the assumptions are chosen to bring out the essence of the argument, rather than to allow for the full richness of strategic behaviour. It is essentially a behavioural model.

Keywords:   pay norm model, behavioural model, productivity, wages

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