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:	2004-04-12
Authors:	Wolff, François-Charles ; Jellal, Mohamed ; Bouabdallah, Khaled
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 10.2004, 3, p. 1-7
Publisher:	AccessEcon
Subject:	efficiency wage

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Extent:	application/pdf
Type of publication:	Article
Classification:	J4 - Particular Labor Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010836191