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Are Shirking and Leisure Substitutable?An Empirical Test of Efficiency WagesBased on Urban Economic Theory
Ross, Stephen L.; Zenou, Yves - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Recent theoretical work has examined the spatial distribution of unemployment using theefficiency wage model as the … mechanism by which unemployment arises in the urbaneconomy. This paper extends the standard efficiency wage model in order to …
Persistent link: https://www.econbiz.de/10005863255
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Starting Wages Respond to Employer´s Risk
Berkhout, Peter; Hartog, Joop - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Intuitively,one expects starting wages to reflect this. Formal analysis supports the intuition...
Persistent link: https://www.econbiz.de/10005861871