Showing 1 - 10 of 41
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more monitoring, which requires more managers. The model also...
Persistent link: https://www.econbiz.de/10010262364
Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10010262588
Persistent link: https://www.econbiz.de/10000507571
Persistent link: https://www.econbiz.de/10000876937
Persistent link: https://www.econbiz.de/10000817010
Persistent link: https://www.econbiz.de/10000695601
Persistent link: https://www.econbiz.de/10000676551
Persistent link: https://www.econbiz.de/10000637584
Persistent link: https://www.econbiz.de/10001409414
Persistent link: https://www.econbiz.de/10001392001