Sessions, John G.; Theodoropoulos, Nikolaos - Institute for the Study of Labor (IZA) - 2008
, efficiency wages
Corresponding author:
John Sessions
Department of Economics & International Development
University of … that firms can elicit effort from their employees by paying
supra-competitive (i.e. efficiency) wages and/or by devoting … (1993)].
In what follows we set out a simple, two-period model of efficiency wages that
highlights the relationship …