论文标题
粗糙的工资和行为公司
Coarse Wage-Setting and Behavioral Firms
论文作者
论文摘要
本文表明，在圆形数字上的工资束部分是由坚定的粗大工资设定驱动的。我首先使用来自巴西超过2亿名新员工的数据，首先确定合同的薪水往往会以综合数量聚集。然后，我表明，倾向于在圆形薪水上雇用工人的公司的市场成果较差。接下来，我开发了一个工资稳定模型，其中优化成本导致采用粗圆形工资，并提供了使用两种研究设计的两个模型预测的证据。最后，我研究了针对相关经济成果的粗大工资设定的一些后果。
This paper shows that the bunching of wages at round numbers is partly driven by firm coarse wage-setting. Using data from over 200 million new hires in Brazil, I first establish that contracted salaries tend to cluster at round numbers. Then, I show that firms that tend to hire workers at round-numbered salaries have worse market outcomes. Next, I develop a wage-posting model in which optimization costs lead to the adoption of coarse rounded wages and provide evidence supporting two model predictions using two research designs. Finally, I examine some consequences of coarse wage-setting for relevant economic outcomes.
