Efficiency Wage Models Of The Labor Market

Author: George A. Akerlof
Editor: Cambridge University Press
ISBN: 9780521312844
File Size: 19,23 MB
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The contributors explore the reasons why involuntary unemployment happens when supply equals demand.
Efficiency Wage Models of the Labor Market
Language: en
Pages: 178
Authors: George A. Akerlof, Janet L. Yellen
Categories: Business & Economics
Type: BOOK - Published: 1986-11-28 - Publisher: Cambridge University Press

The contributors explore the reasons why involuntary unemployment happens when supply equals demand.
Efficiency wage models of the labor market
Language: en
Pages: 178
Authors: George A. Akerlof, Janet Louise Yellen
Categories: Salarios
Type: BOOK - Published: 1990 - Publisher:

Books about Efficiency wage models of the labor market
Efficiency Wages
Language: en
Pages: 128
Authors: Andrew Weiss
Categories: Political Science
Type: BOOK - Published: 2014-07-14 - Publisher: Princeton University Press

Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules affect the kinds of workers a firm employs and how well those workers perform on the job. Using straightforward examples, he demonstrates how efficiency-wage theory
Labor Market Dynamics when Unemployment is a Worker Discipline Device
Language: en
Pages: 23
Authors: Miles S. Kimball
Categories: Employment (Economic theory)
Type: BOOK - Published: 1989 - Publisher:

Efficiency wage models of the effort elicitation type have important implications for labor market dynamics. These models have a wide array of discontinuous sunspot equilibria driven by extraneous variables, in addition to well-behaved equilibria characterized by continuous, slowly adjusting patterns of employment. Many aspects of actual labor markets can be
Efficiency Wage Theories
Language: en
Pages:
Authors: Miles S. Kimball
Categories: Wages
Type: BOOK - Published: 1986 - Publisher:

This paper surveys recent developments in the literature on efficiency wage theories of unemployment. Efficiency wage models have in common the property that in equilibrium firms may find it profitable to pay wages in excess of market clearing. High wages can help reduce turnover, elicit worker effort, prevent worker collective