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We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use …
Persistent link: https://www.econbiz.de/10010321725
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/10010443316
We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use …
Persistent link: https://www.econbiz.de/10010321050
Persistent link: https://www.econbiz.de/10010243006
In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, the United Kingdom and the United States). We build and estimate a dynamic stochastic search-matching model with...
Persistent link: https://www.econbiz.de/10010254829
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/10011529959
Persistent link: https://www.econbiz.de/10010394514
Persistent link: https://www.econbiz.de/10012873095
Persistent link: https://www.econbiz.de/10012656769
We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use …
Persistent link: https://www.econbiz.de/10011573073