Efficiency Wages: Models of Unemployment, Layoffs, and Wage Dispersion
Andrew Weiss
Efficiency Wages: Models of Unemployment, Layoffs, and Wage Dispersion
Andrew Weiss
Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules affect the kinds of workers a firm employs and how well those workers perform on the job. Using straightforward examples, he demonstrates how efficiency-wage theory can explain labor market ou
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