Wages affect productivity and non-wage costs with important labor market implications. Efficiency wage theories center on these issues. This article provides a brief non-technical overview
The real effects of monetary shocks cannot be explained using current efficiency wage models. In the...
A number of authors have proposed theories of efficiency wages to explain the behaviour of aggregate...
The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effo...
Wages affect productivity and non-wage costs with important labor market implications. Efficiency wa...
Over the past decade, economists have developed efficiency wage models to explain the presence of wa...
This dissertation investigates some of the ways efficiency wages are important to both the U.S. econ...
Traditional wage theory predicts that employers maximize profits by hiring labor up to the point tha...
Efficiency wage theory suggests that wages (and hence labor markets) may be unresponsive to typical ...
The concept of efficiency wages explains the cause of the permanent occur¬rence of wages over the eq...
This paper examines differences in pay for equally skilled workers in different industries. The majo...
Firms may pay efficiency wages to enhance productivity. The conventional presumption is that efficie...
Wage and unemployment responses to changes in economic environment are compared for efficiency wage ...
This paper explores the economic implications of unemployment by appealing to efficiency wage models...
In this paper, we apply the mesoeconomic approach to examine the efficiency wage hypothesis. With th...
Empirical evidence from agricultural labor markets is consistent with efficiency-wage theory and inc...
The real effects of monetary shocks cannot be explained using current efficiency wage models. In the...
A number of authors have proposed theories of efficiency wages to explain the behaviour of aggregate...
The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effo...
Wages affect productivity and non-wage costs with important labor market implications. Efficiency wa...
Over the past decade, economists have developed efficiency wage models to explain the presence of wa...
This dissertation investigates some of the ways efficiency wages are important to both the U.S. econ...
Traditional wage theory predicts that employers maximize profits by hiring labor up to the point tha...
Efficiency wage theory suggests that wages (and hence labor markets) may be unresponsive to typical ...
The concept of efficiency wages explains the cause of the permanent occur¬rence of wages over the eq...
This paper examines differences in pay for equally skilled workers in different industries. The majo...
Firms may pay efficiency wages to enhance productivity. The conventional presumption is that efficie...
Wage and unemployment responses to changes in economic environment are compared for efficiency wage ...
This paper explores the economic implications of unemployment by appealing to efficiency wage models...
In this paper, we apply the mesoeconomic approach to examine the efficiency wage hypothesis. With th...
Empirical evidence from agricultural labor markets is consistent with efficiency-wage theory and inc...
The real effects of monetary shocks cannot be explained using current efficiency wage models. In the...
A number of authors have proposed theories of efficiency wages to explain the behaviour of aggregate...
The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effo...