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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 38429.
Date of creation: 2004
Date of revision:
Solow condition; efficiency wage; work sharing;
Other versions of this item:
- François-Charles Wolff & Mohamed Jellal & Khaled Bouabdallah, 2004. "Unemployment and work sharing in an efficiency wage model," Economics Bulletin, AccessEcon, vol. 10(3), pages 1-7.
- 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.:
- Jellal, Mohamed & Zenou, Yves, 2000.
"A dynamic efficiency wage model with learning by doing,"
38513, University Library of Munich, Germany.
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"Dual Labor Markets And Strategic Efficiency Wage,"
International Economic Journal,
Taylor & Francis Journals, vol. 17(3), pages 99-112.
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- Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005.
"Unemployment: Macroeconomic Performance and the Labour Market,"
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- 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.
- 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.
- Solow, Robert M., 1979. "Another possible source of wage stickiness," Journal of Macroeconomics, Elsevier, vol. 1(1), pages 79-82.
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