Wage Setting in Modern Labor Markets: Neither Fair Nor Efficient
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Keywordsinequality; compensating differentials; equalizing differentials; fairness; efficiency; efficiency wages; selection wages; Reder competition; collective organization; taxation; over-qualification;
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- D3 - Microeconomics - - Distribution
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
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