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The impossibility of involuntary unemployment in new Keynesian efficiency wage models

Wojick, Paul P. - In: Eastern economic journal 20 (1994) 3, pp. 291-300

Persistent link: https://www.econbiz.de/10001170986

A flexible-wage efficiency-wage model with involuntary unemployment

Pernecky, Mark - In: Eastern economic journal 20 (1994) 4, pp. 403-412

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Disoccupazione involontaria e stabilitâ dell'equilibrio nei modelli di salario-efficienza con shirking

D'Orlando, Fabio - In: Rivista di politica economica 88 (1998) 6, pp. 71-98

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Hiring standards and market clearing

Schlicht, Ekkehart - 2002

Consider a labour market with heterogeneous workers. Firms recruit workers by fixing a hiring standard and a wage offer simultaneously. A more demanding hiring standard necessitates a better wage offer in order to attract enough qualified applicants. As a result, an efficiency wage effect is...

Persistent link: https://www.econbiz.de/10011411223