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Efficiency wage considerations should be less important for piece-rate pay relative to time wages. Therefore, if industry wage differentials reflect efficiency wage factors, then these pay differences should be less sizable and have less explanatory power for piecework than for timework. We test...
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This paper is organized as follows. Section 1 is an introduction. section we review the existing research on (sequential) pooled auctions. section 3m formalized our model of simultaneous ooled suctions while in the section 4 we derive the equilibrium bidding strategies. Section 5 contains the...
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We present theoretical and empirical results on consumption during an enmployment spell.
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The proceding analysis has identifed the kinds of implicit and explicit assumptions required for estimation of labour supply models on data sets with missing information on inputs and outputs to domestic production and market goods.
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