Unemployment and work sharing in an efficiency wage model
AbstractThis paper accounts for work sharing and unemployment in an efficiency wage model. The Solow condition holds when working hours are exogenous. Under the assumption of endogeneity and using general forms for the effort and cost functions, we prove that work sharing may have a reducing impact on unemployment.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 10 (2004)
Issue (Month): 3 ()
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Other versions of this item:
- Jellal, Mohamed & Bouadbdallah, khaled & wolff, François charles, 2004. "Unemployment and work sharing in an efficiency wage model," MPRA Paper 38429, University Library of Munich, Germany.
- J4 - Labor and Demographic Economics - - Particular Labor Markets
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lin, Chung-cheng & Lai, Ching-chong, 1994. "The turnover costs and the Solow condition in an efficiency wage model with intertemporal optimization," Economics Letters, Elsevier, vol. 45(4), pages 501-505, August.
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- Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173, September.
- Jellal, Mohamed & Zenou, Yves, 2000.
"A dynamic efficiency wage model with learning by doing,"
38513, University Library of Munich, Germany.
- Jellal, Mohamed & Zenou, Yves, 2000. "A dynamic efficiency wage model with learning by doing," Economics Letters, Elsevier, vol. 66(1), pages 99-105, January.
- Jellal, Mohamed, 2014.
"Firmes industrielles incitations et formation approche théorique
[Industrial firms incentives and training Policy theoretical approach]," MPRA Paper 57306, University Library of Munich, Germany.
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