Unemployment and work sharing in an efficiency wage model

This paper accounts for work sharing and unemployment in an efficiency wage model.The Solow condition holds when working hours are exogenous. Under the assumption of endogeneity and using general forms for the effort and cost functions, we prove that work sharing may have a reducing impact on unemployment

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Year of publication:	2004
Authors:	Jellal, Mohamed ; Bouadbdallah, khaled ; wolff, François charles
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Solow condition \| efficiency wage \| work sharing

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; E24 - Employment; Unemployment; Wages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011110886