NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Anatomy of a Contract Change

Rajshri Jayaraman, Debraj Ray, Francis de Vericourt

NBER Working Paper No. 19849
Issued in January 2014, Revised in May 2016

---- Acknowledgments ----

An earlier version of this paper was titled “Productivity Response to a Contract Change,” and circulated as NBER Working Paper No.19849, January 2014. We are grateful to two anonymous referees, as well as to seminar and conference participants at the DIW and the Behavioral Economics Workshop in Berlin, Goethe University Frankfurt, NEUDC, CESifo Behavioral Economics Conference, Max Plank Institute Munich, University of Namur, Hunter College, University of Warwick and the University of Heidelberg for useful comments and suggestions. Ray acknowledges funding from the National Science Foundation under Grant SES-1261560. The authors declare that they have no relevant or material financial interests that relate to the research described in this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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