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
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Englisch
- Bibliographic citation
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Series: Department of Economics Discussion Paper ; No. 9814
- Classification
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Wirtschaft
Labor-Management Relations, Trade Unions, and Collective Bargaining: General
Labor Contracts
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Subject
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Labour-Management Relations
Efficiency Wages
Unemployment
Turnover
Betriebsklima
Effizienzlohn
Theorie
- Event
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Geistige Schöpfung
- (who)
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Faria, João Ricardo
- Event
-
Veröffentlichung
- (who)
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University of Kent, Department of Economics
- (where)
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Canterbury
- (when)
-
1998
- Handle
- Last update
-
20.09.2024, 8:22 AM CEST
Data provider
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Object type
- Arbeitspapier
Associated
- Faria, João Ricardo
- University of Kent, Department of Economics
Time of origin
- 1998