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Journal article
Efficiency wages revisited: The internal reference perspective
Economics letters, v 90(2)
01 Feb 2006
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
The missing wage rigidity in general equilibrium models of efficiency wages is an artifact of the external wage reference definition usually adopted. Efficiency wage models with a wage reference depending on the firm's ability to pay generate strong wage rigidity.
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Details
- Title
- Efficiency wages revisited: The internal reference perspective
- Creators
- Jean-Pierre Danthine - Université de Lausanne, FAME and CEPR, SwitzerlandAndré Kurmann - Université du Québec à Montréal and CIRPÉE, Canada
- Publication Details
- Economics letters, v 90(2)
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000235321400022
- Scopus ID
- 2-s2.0-31344472181
- Other Identifier
- 991020550492804721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics