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A dynamic efficiency wage model with learning by doing

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  • Jellal, Mohamed
  • Zenou, Yves

Abstract

We propose a dynamic efficiency wage model with learning by doing. By taking into account the change inthe stock of workers’ knowledge, firms set efficiency wages such that the effort–wage elasticity is not in general equal to one.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 38513.

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Date of creation: 2000
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Handle: RePEc:pra:mprapa:38513

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Keywords: Solow condition; Effort function; Learning;

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References

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  1. Banerji, Sanjay & Gupta, Manas Ranjan, 1997. "The efficiency wage given long-run employment and concave labor constraint," Journal of Development Economics, Elsevier, Elsevier, vol. 53(1), pages 185-195, June.
  2. Stiglitz, Joseph E, 1987. "The Causes and Consequences of the Dependence of Quality on Price," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 25(1), pages 1-48, March.
  3. 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, Elsevier, vol. 45(4), pages 501-505, August.
  4. Ramaswamy, Ramana & Rowthorn, Robert E, 1991. "Efficiency Wages and Wage Dispersion," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 58(232), pages 501-14, November.
  5. Jellal, Mohamed & Zenou, Yves, 1999. "Efficiency wages and the quality of job matching," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 39(2), pages 201-217, June.
  6. Solow, Robert M., 1979. "Another possible source of wage stickiness," Journal of Macroeconomics, Elsevier, Elsevier, vol. 1(1), pages 79-82.
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Citations

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Cited by:
  1. Daitoh, Ichiroh, 2010. "Productive consumption and population dynamics in an endogenous growth model: Demographic trends and human development aid in developing economies," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 34(4), pages 696-709, April.
  2. Jellal, Mohamed & Zenou, Yves, 1999. "Efficiency wages and the quality of job matching," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 39(2), pages 201-217, June.
  3. Jellal, Mohamed & wolff, François charles, 2003. "Dual labor market and strategic efficiency wage," MPRA Paper 38395, University Library of Munich, Germany.
  4. Koskela, Erkki & König, Jan, 2011. "The Role of Profit Sharing in Dual Labour Markets with Flexible Outsourcing," IZA Discussion Papers 5798, Institute for the Study of Labor (IZA).
  5. repec:ebl:ecbull:v:10:y:2004:i:3:p:1-7 is not listed on IDEAS
  6. Koskela, Erkki & König, Jan, 2010. "Profit Sharing, Wage Formation and Flexible Outsourcing under Labor Market Imperfection," IZA Discussion Papers 4707, Institute for the Study of Labor (IZA).
  7. Jellal, Mohamed, 2014. "Social psychology and gender efficiency wage gap," MPRA Paper 57884, University Library of Munich, Germany.
  8. Faria, Joao & Jellal, Mohamed, 2009. "Industrialization Jobs Creation and Wages Incentives," MPRA Paper 17185, University Library of Munich, Germany.
  9. 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.
  10. Jellal, Mohamed, 2014. "Une théorie des relations sociales emploi et inégalité
    [A theory of social relations jobs and inequality]
    ," MPRA Paper 57512, University Library of Munich, Germany.
  11. 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.
  12. Erkki Koskela & Jan König, 2010. "Profit Sharing, Wage Formation and Flexible Outsourcing under Labor Market Imperfection," CESifo Working Paper Series 2925, CESifo Group Munich.
  13. Jellal, Mohamed, 2014. "Agglomeration economies and optimal efficiency wage," MPRA Paper 57836, University Library of Munich, Germany.
  14. Faria, Joao & Jellal, Mohamed, 2009. "Dynamic of Employment and Wages Incentives," MPRA Paper 17183, University Library of Munich, Germany.

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