@TechReport{iza:izadps:dp17987,
            	author={Belot, Michèle and Hakimov, Rustamdjan},
            	title={The Value of Bonding at Work: Evidence from a Field Experiment},
            	year={2025},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={17987},
            	url={https://www.iza.org/publications/dp17987},
	abstract={This study examines the effects of structured social activities on workplace collegiality and performance in a large white-collar firm with 100 geographically dispersed offices. In a randomized controlled trial, half of the offices received subsidies to organize biweekly social events over a three-month period—including picnics, movie nights, and team games. We find that the intervention strengthens collegiality, enhances workplace friendships, and improves office-level performance. We do not detect an impact on individual productivity, but turnover appears to have fallen in the short-run, meaning that employees stayed longer in the job. We explore possible mechanisms and identify a sense of gratitude and reciprocity toward the company as the most likely mechanism driving the effects.},
	keywords={bonding;climate;workplace collegiality;field experiment},
            }