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Unemployment and work sharing in an efficiency wage model

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Author Info
Khaled Bouabdallah () (Université Jean Monnet, Saint-Etienne)
Mohamed Jellal () (Université Mohammed V, Rabat, Morroco ; ESC Toulouse and Conseils-Eco, France)
François-Charles Wolff () (LEN-CEBS, Université de Nantes ; Cnav and Ined, Paris, France)

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Abstract

This 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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File URL: http://www.economicsbulletin.com/2004/volume10/EB-04J40001A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 10 (2004)
Issue (Month): 3 ()
Pages: 1-7
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:10:y:2004:i:3:p:1-7

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Related research
Keywords: efficiency wage; Solow condition; work sharing;

Find related papers by JEL classification:
J4 - Labor and Demographic Economics - - Particular Labor Markets

References listed on IDEAS
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  1. Jellal, Mohamed & Zenou, Yves, 1999. "Efficiency wages and the quality of job matching," Journal of Economic Behavior & Organization, Elsevier, vol. 39(2), pages 201-217, June. [Downloadable!] (restricted)
  2. MOHAMED JELLAL & FRANÇOIS-CHARLES WOLFF, 2003. "Dual Labor Markets And Strategic Efficiency Wage," International Economic Journal, Korean International Economic Association, vol. 17(3), pages 99-112, October. [Downloadable!] (restricted)
  3. Jellal, Mohamed & Zenou, Yves, 2000. "A dynamic efficiency wage model with learning by doing," Economics Letters, Elsevier, vol. 66(1), pages 99-105, January. [Downloadable!] (restricted)
  4. Solow, Robert M., 1979. "Another possible source of wage stickiness," Journal of Macroeconomics, Elsevier, vol. 1(1), pages 79-82. [Downloadable!] (restricted)
  5. Layard, R. & Nickell, S., . "Layard-Nickell," Instructional Stata datasets for econometrics layardnickell, Boston College Department of Economics. [Downloadable!]
  6. Ramaswamy, Ramana & Rowthorn, Robert E, 1991. "Efficiency Wages and Wage Dispersion," Economica, London School of Economics and Political Science, vol. 58(232), pages 501-14, November. [Downloadable!] (restricted)
  7. Faria, Joao Ricardo, 2000. "Supervision and effort in an intertemporal efficiency wage model: the role of the Solow condition," Economics Letters, Elsevier, vol. 67(1), pages 93-98, April. [Downloadable!] (restricted)
    Other versions:
  8. 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. [Downloadable!] (restricted)
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