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We extend the benchmark RBC model amending the technology for efficiency wage considerations. The disutility of effort …
Persistent link: https://www.econbiz.de/10004985038
We extend the benchmark real business cycle model amending technology for fair wage considerations. Effort depends on …
Persistent link: https://www.econbiz.de/10005069710
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10011604826
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10011506620
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10011618478
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10005344951
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10004984791
We first build a fair wage model in which effort varies over the business cycle. This mechanism decreases the need for …
Persistent link: https://www.econbiz.de/10005031942
premia. Increased competition pushes real wages up but effort incentive requirements prevent large wage adjustments. Hence …
Persistent link: https://www.econbiz.de/10010304143
Using the American Time Use Survey (ATUS) 2003-12, we estimate time spent by workers in non-work while on the job. Non-work time is substantial and varies positively with the local unemployment rate. While the average time spent by workers in non-work conditional on any positive non-work rises...
Persistent link: https://www.econbiz.de/10011288220