CHUA, SIN-CHET; LIM, YUN-WEN; TER, TENG-TENG; CHEW, … - In: The Singapore Economic Review (SER) 59 (2014) 03, pp. 1450021-1
This paper attempts to test whether there is econometric evidence in support of the efficiency wage theory in Singapore's manufacturing sector. Two of the possible ways to account for efficiency wages are to show that higher wages have resulted in reduced shirking by workers, and to show that...
