Efficiency Wage Models of the Labor Market

Efficiency Wage Models of the Labor Market
Автор
 
Год
 
Страниц
 
144
ISBN
 
0521312841
Издатель
 
Dover Publications
Категория
 
Рынок труда
Искать в интернет библиотекахКупить

Содержание:

History and Politics, The Treatment of Capitalism by Historians, The Anticapitalist Bias of American Historians, The Treatment of Capitalism by Continental Intellectuals, The Standard of Life of the Workers in England, 1790-1830, The Factory System of the Early Nineteenth Century

Описание:

One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involuntary unemployment. Efficiency Wage Models of the Labor Market explores the reasons why there are labor market equilibria with employers preferring to pay wages in excess of the market-clearing wage and thereby explains involuntary unemployment. This volume brings together a number of the important articles on efficiency wage theory. The collection is preceded by a strong, integrative introduction, written by the editors, in which the hypothesis is set out and the variations, as described in subsequent chapters, are discussed.

Похожие книги

Black Africa: The Economic and Cultural Basis for a Federated StateBlack Africa: The Economic and Cultural Basis for a Federated State
Автор: Cheikh Anta Diop, Harold J. Salemson
Год: 2003
British Unemployment 1919a€“1939British Unemployment 1919a€“1939
Автор: Garside
Год: 1990
Unemployment PolicyUnemployment Policy
Автор: Snower
Год: 1997