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Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to test the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10011603319
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to test the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10010384373
J41; M51; J45 </AbstractSection> Copyright Scoppa and Vuri; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10010993757