Efficiency Wage Models of the Labor Market

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Publisher : Cambridge University Press
ISBN 13 : 9780521312844
Total Pages : 196 pages
Book Rating : 4.41/5 ( download)

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Book Synopsis Efficiency Wage Models of the Labor Market by : George A. Akerlof

Download or read book Efficiency Wage Models of the Labor Market written by George A. Akerlof and published by Cambridge University Press. This book was released on 1986-11-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors explore the reasons why involuntary unemployment happens when supply equals demand.

Efficiency Wages

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Publisher : Princeton University Press
ISBN 13 : 140086206X
Total Pages : 126 pages
Book Rating : 4.61/5 ( download)

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Book Synopsis Efficiency Wages by : Andrew Weiss

Download or read book Efficiency Wages written by Andrew Weiss and published by Princeton University Press. This book was released on 2014-07-14 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules affect the kinds of workers a firm employs and how well those workers perform on the job. Using straightforward examples, he demonstrates how efficiency-wage theory can explain labor market outcomes and guide government policy. There is a separate section of applications to less developed countries. "Efficiency-wage models represent one of the most important developments in economic theory of recent years. They have, at last, provided integrated explanations both of macroeconomic phenomena, such as unemployment and wage rigidity, and microeconomic phenomena, such as wage dispersion. Weiss--one of the pioneers of efficiency-wage theory--provides here a masterful survey, a lucid and systematic and yet critical account of this rapidly developing branch of economics. This book should be required reading in all courses in macroeconomics."--Joseph Stiglitz, Stanford University "Efficiency Wages should be on the bookshelf of all labor and macroeconomists."--Lawrence H. Summers, Harvard University "A splendid monograph ... most readable... I will put it on my reading list."--Partha Dasgupta, Stanford University Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Efficiency Wage

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Author :
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 301 pages
Book Rating : 4.09/5 ( download)

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Book Synopsis Efficiency Wage by : Fouad Sabry

Download or read book Efficiency Wage written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-12 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Efficiency Wage The term efficiency wages was introduced by Alfred Marshall to denote the wage per efficiency unit of labor. Marshallian efficiency wages are those calculated with efficiency or ability exerted being the unit of measure rather than time. That is, the more efficient worker will be paid more than a less efficient worker for the same amount of hours worked. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Efficiency wage Chapter 2: Labour economics Chapter 3: Minimum wage Chapter 4: New Keynesian economics Chapter 5: Phillips curve Chapter 6: Employment Chapter 7: Principal-agent problem Chapter 8: Personnel economics Chapter 9: Signalling (economics) Chapter 10: Labour market flexibility Chapter 11: Compensating differential Chapter 12: Insider-outsider theory of employment Chapter 13: Ekkehart Schlicht Chapter 14: Involuntary unemployment Chapter 15: Union wage premium Chapter 16: Monopsony Chapter 17: Rehn-Meidner model Chapter 18: Real rigidity Chapter 19: Wage compression Chapter 20: Shapiro-Stiglitz theory Chapter 21: Gift-exchange game (II) Answering the public top questions about efficiency wage. (III) Real world examples for the usage of efficiency wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Efficiency Wage.

Efficiency Wages and Labor Mobility in an Open Economy

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Publisher : International Monetary Fund
ISBN 13 : 1451850166
Total Pages : 42 pages
Book Rating : 4.61/5 ( download)

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Book Synopsis Efficiency Wages and Labor Mobility in an Open Economy by : Pierre-Richard Agénor

Download or read book Efficiency Wages and Labor Mobility in an Open Economy written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1993-10-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is first conducted in the context of perfect intersectoral labor mobility. The discussion is then extended to consider the existence of short-run constraints on labor movements. The results highlight the role of efficiency considerations in the behavior of sectoral wages. A deflationary policy induces a reallocation of labor across sectors, but has no long-run effect on the unemployment rate.

Efficiency wage models of the labor market

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Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.42/5 ( download)

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Book Synopsis Efficiency wage models of the labor market by : George A. Akerlof

Download or read book Efficiency wage models of the labor market written by George A. Akerlof and published by . This book was released on 1990 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficiency Wages and Industry Wage Differentials

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.63/5 ( download)

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Book Synopsis Efficiency Wages and Industry Wage Differentials by : Paul Chen

Download or read book Efficiency Wages and Industry Wage Differentials written by Paul Chen and published by . This book was released on 1996 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fixed-term Contracts and Unemployment

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.04/5 ( download)

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Book Synopsis Fixed-term Contracts and Unemployment by : Maia Güell

Download or read book Fixed-term Contracts and Unemployment written by Maia Güell and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Employment Protection and Unemployment in an Efficiency Wage Model

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.47/5 ( download)

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Book Synopsis Employment Protection and Unemployment in an Efficiency Wage Model by : Maia Güell

Download or read book Employment Protection and Unemployment in an Efficiency Wage Model written by Maia Güell and published by . This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficiency Wage Theory, Labor Markets, and Adjustment

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.19/5 ( download)

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Book Synopsis Efficiency Wage Theory, Labor Markets, and Adjustment by : Luis A. Riveros

Download or read book Efficiency Wage Theory, Labor Markets, and Adjustment written by Luis A. Riveros and published by . This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efficiency wage theory suggests that wages (and hence labor markets) may be unresponsive to typical macroeconomic policies that seek to lower real wages, change resource allocation, and reduce open unemployment. Under this theory, firms will react to macroeconomic shocks by altering employment (laying workers off), not wages.

Efficiency Wage 36 Success Secrets - 36 Most Asked Questions on Efficiency Wage - What You Need to Know

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Author :
Publisher : Emereo Publishing
ISBN 13 : 9781488867262
Total Pages : 50 pages
Book Rating : 4.67/5 ( download)

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Book Synopsis Efficiency Wage 36 Success Secrets - 36 Most Asked Questions on Efficiency Wage - What You Need to Know by : Steven Gardner

Download or read book Efficiency Wage 36 Success Secrets - 36 Most Asked Questions on Efficiency Wage - What You Need to Know written by Steven Gardner and published by Emereo Publishing. This book was released on 2014-11-04 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New Efficiency Wage Guide That Will Give You ALL You Want To Know. There has never been a Efficiency Wage Guide like this. It contains 36 answers, much more than you can imagine; comprehensive answers and extensive details and references, with insights that have never before been offered in print. Get the information you need--fast! This all-embracing guide offers a thorough view of key knowledge and detailed insight. This Guide introduces what you want to know about Efficiency Wage. A quick look inside of some of the subjects covered: Job creation, Involuntary unemployment - Explanations, George Akerlof - Bibliography, Theory of the firm - Other models, Agency Theory, Principal-agent problem - Deferred compensation, Outline of economics - General economic concepts, History of macroeconomic thought - Efficiency wages, Efficiency - In economics, Paul Milgrom - Labor Markets, Union threat model, Market equilibrium - Interpretations, Opportunism - Economic opportunism, Types of unemployment, Index of economics articles - E, Efficiency wages - Overview, Employment Protection Legislation - On firm efficiency and profits, Compensating differential - Area characteristics, Market-clearing - On market clearing, JEL classification codes - Labor and demographic economics JEL: J Subcategories, New Keynesian economics - Microfoundations of price stickiness, Agency Theory - Employment contract, Principal-agent - Deferred compensation, Unemployed, Classical unemployment, Employment gap, Equilibrium (economics) - Interpretations, Feminist economics - Homo economicus, Unemployment rate, Efficiency wages - Labor turnover, Principal-agent problem, Cyclical unemployment, Union threat model - Empirical literature, Principal-agent problem - Deferred compensation, Efficiency wages - Shirking, History of macroeconomic thought - Labor market failures, and much more...