Arbeitspapier

Supervision and Effort in an Intertemporal Efficiency Wage Model: The Role of the Solow Condition

The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover costs.

Language
Englisch

Bibliographic citation
Series: Department of Economics Discussion Paper ; No. 9814

Classification
Wirtschaft
Labor-Management Relations, Trade Unions, and Collective Bargaining: General
Labor Contracts
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
Subject
Labour-Management Relations
Efficiency Wages
Unemployment
Turnover
Betriebsklima
Effizienzlohn
Theorie

Event
Geistige Schöpfung
(who)
Faria, João Ricardo
Event
Veröffentlichung
(who)
University of Kent, Department of Economics
(where)
Canterbury
(when)
1998

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Faria, João Ricardo
  • University of Kent, Department of Economics

Time of origin

  • 1998

Other Objects (12)