Related Books
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 1991 - Publisher:
Efficiency wage theory suggests that wages (and hence labor markets) may be unresponsive to typical macroeconomic policies that seek to lower real wages, change
Language: en
Pages: 42
Pages: 42
Type: BOOK - Published: 1993-10-01 - Publisher: International Monetary Fund
The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizi
Language: en
Pages: 196
Pages: 196
Type: BOOK - Published: 1986-11-28 - Publisher: Cambridge University Press
The contributors explore the reasons why involuntary unemployment happens when supply equals demand.
Language: en
Pages: 126
Pages: 126
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 af
Language: en
Pages: 404
Pages: 404
Type: BOOK - Published: 1994 - Publisher: