Malcomson, James M. (contributor); … - 2007
gratefully acknowledged.
Abstract
This paper combines matching frictions with e� ciency wages to deter shirking in a model
that … alternative wage formulation.
Keywords: Matching frictions, e� ciency wages, unemployment, shirking, robust in-
ference
JEL classi … Pissarides (1985), and shirking models of
e� ciencywages basedonShapiroandStiglitz (1984). Anumberof contributions have cal …