Variable labor effort, involuntary unemployment, and effective demand
AbstractThe paper theoretically examines the relationship between variable labor effort (also labeled efficiency wages), effective demand, and involuntary unemployment.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 11331.
Date of creation: 1993
Date of revision:
Publication status: Published in Journal of Post Keynesian Economics 3.15(1993): pp. 427-442
efficiency wage; variable labor effort; contest exchange; labor power; Post Keynesian; effective demand; unemployment;
Find related papers by JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
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.:
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- Mason, Patrick L., 1992. "The divide-and-conquer and employer/employee models of discrimination: neoclassical competition as a familial defect," MPRA Paper 11333, University Library of Munich, Germany.
- Lawrence F. Katz, 1986.
"Efficiency Wage Theories: A Partial Evaluation,"
NBER Working Papers
1906, National Bureau of Economic Research, Inc.
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- Stiglitz, Joseph E, 1987. "The Causes and Consequences of the Dependence of Quality on Price," Journal of Economic Literature, American Economic Association, vol. 25(1), pages 1-48, March.
- Levine, David I., 1991. "You Get What You Pay For: Tests of Efficency Wage Theories in the United States and Japan," Institute for Research on Labor and Employment, Working Paper Series, Institute of Industrial Relations, UC Berkeley qt9t02v034, Institute of Industrial Relations, UC Berkeley.
- Gordon, David M, 1990. "Who Bosses Whom? The Intensity of Supervision and the Discipline of Labor," American Economic Review, American Economic Association, American Economic Association, vol. 80(2), pages 28-32, May.
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