Efficiency Wages


Efficiency Wages
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Efficiency Wages


Efficiency Wages
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Author : Andrew Weiss
language : en
Publisher: Princeton University Press
Release Date : 2014-07-14

Efficiency Wages written by Andrew Weiss and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-14 with Political Science categories.


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 can explain labor market outcomes and guide government policy. There is a separate section of applications to less developed countries. "Efficiency-wage models represent one of the most important developments in economic theory of recent years. They have, at last, provided integrated explanations both of macroeconomic phenomena, such as unemployment and wage rigidity, and microeconomic phenomena, such as wage dispersion. Weiss--one of the pioneers of efficiency-wage theory--provides here a masterful survey, a lucid and systematic and yet critical account of this rapidly developing branch of economics. This book should be required reading in all courses in macroeconomics."--Joseph Stiglitz, Stanford University "Efficiency Wages should be on the bookshelf of all labor and macroeconomists."--Lawrence H. Summers, Harvard University "A splendid monograph ... most readable... I will put it on my reading list."--Partha Dasgupta, Stanford University Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.



Efficiency Wage Models Of The Labor Market


Efficiency Wage Models Of The Labor Market
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Author : George A. Akerlof
language : en
Publisher: Cambridge University Press
Release Date : 1986-11-28

Efficiency Wage Models Of The Labor Market written by George A. Akerlof and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-11-28 with Business & Economics categories.


The contributors explore the reasons why involuntary unemployment happens when supply equals demand.



Efficiency Wages And Industry Wage Differentials


Efficiency Wages And Industry Wage Differentials
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Author : Paul Chen
language : en
Publisher:
Release Date : 1996

Efficiency Wages And Industry Wage Differentials written by Paul Chen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Wage differentials categories.




Efficiency Wage


Efficiency Wage
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-02-12

Efficiency Wage written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-12 with Business & Economics categories.


What is Efficiency Wage The term efficiency wages was introduced by Alfred Marshall to denote the wage per efficiency unit of labor. Marshallian efficiency wages are those calculated with efficiency or ability exerted being the unit of measure rather than time. That is, the more efficient worker will be paid more than a less efficient worker for the same amount of hours worked. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Efficiency wage Chapter 2: Labour economics Chapter 3: Minimum wage Chapter 4: New Keynesian economics Chapter 5: Phillips curve Chapter 6: Employment Chapter 7: Principal-agent problem Chapter 8: Personnel economics Chapter 9: Signalling (economics) Chapter 10: Labour market flexibility Chapter 11: Compensating differential Chapter 12: Insider-outsider theory of employment Chapter 13: Ekkehart Schlicht Chapter 14: Involuntary unemployment Chapter 15: Union wage premium Chapter 16: Monopsony Chapter 17: Rehn-Meidner model Chapter 18: Real rigidity Chapter 19: Wage compression Chapter 20: Shapiro-Stiglitz theory Chapter 21: Gift-exchange game (II) Answering the public top questions about efficiency wage. (III) Real world examples for the usage of efficiency wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Efficiency Wage.



Efficiency Wages And Labor Mobility In An Open Economy


Efficiency Wages And Labor Mobility In An Open Economy
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Author : Pierre-Richard Agénor
language : en
Publisher: International Monetary Fund
Release Date : 1993-10-01

Efficiency Wages And Labor Mobility In An Open Economy written by Pierre-Richard Agénor and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-10-01 with Business & Economics categories.


The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is first conducted in the context of perfect intersectoral labor mobility. The discussion is then extended to consider the existence of short-run constraints on labor movements. The results highlight the role of efficiency considerations in the behavior of sectoral wages. A deflationary policy induces a reallocation of labor across sectors, but has no long-run effect on the unemployment rate.



Efficiency Wages And Wage Dispersion


Efficiency Wages And Wage Dispersion
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Author : Ramana Ramaswamy
language : en
Publisher:
Release Date : 1991

Efficiency Wages And Wage Dispersion written by Ramana Ramaswamy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Incentives in industry categories.




Essays On Efficiency Wages


Essays On Efficiency Wages
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Author : Jan Beyer Schmidt-Sørensen
language : da
Publisher:
Release Date : 1990

Essays On Efficiency Wages written by Jan Beyer Schmidt-Sørensen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Lønteori categories.




Fixed Term Contracts And Unemployment


Fixed Term Contracts And Unemployment
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Author : Maia Güell
language : en
Publisher:
Release Date : 2000

Fixed Term Contracts And Unemployment written by Maia Güell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Contracts for work and labor categories.




Efficiency Wage Models Of The Labor Market


Efficiency Wage Models Of The Labor Market
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Author : George A. Akerlof
language : en
Publisher:
Release Date : 1990

Efficiency Wage Models Of The Labor Market written by George A. Akerlof and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Salarios categories.




Why Union Workers Deserve Their Pay


Why Union Workers Deserve Their Pay
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Author : Helene Jorgensen
language : en
Publisher:
Release Date : 1997

Why Union Workers Deserve Their Pay written by Helene Jorgensen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Labor unions categories.