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Economic historians have traditionally argued that urban growth in England was driven primarily by prior improvements in agricultural supply in the two centuries before the industrial revolution. Recent revisionist scholarship by writers such as Jan Luiten van Zanden and Robert Allen has...
Persistent link: https://www.econbiz.de/10009399657
Switching from one job to another would appear to be an important part of an individual's experience within the labour market. In Britain, approximately one in three workers are observed changing jobs over a three year period. Models of voluntary job mobility predict that in the long run,...
Persistent link: https://www.econbiz.de/10005170030
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …
Persistent link: https://www.econbiz.de/10005763212