Showing 1 - 6 of 6
We propose a dynamic efficiency wage model with learning by doing. By taking into account the change inthe stock of workers’ knowledge, firms set efficiency wages such that the effort–wage elasticity is not in general equal to one.
Persistent link: https://www.econbiz.de/10011260019
This purpose of our paper is to explores the consequences of uncertainty on the remittances.These transfers are sent by a diaspora of emigrants who are motivated by altruism rather than pure self-interest. Migrants are assumed to care about the consumption of home-resident family members as well...
Persistent link: https://www.econbiz.de/10011107530
The main purpose of this paper is to study the economic behavior of migrants under uncertainty . We show , in particular, that the impact of the probability of return remains ambiguous regarding both the savings and labor participation of the migrants , this theoritical finding seems to...
Persistent link: https://www.econbiz.de/10011107593
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...
Persistent link: https://www.econbiz.de/10011110886
We consider a dual labor markets model in which the primary sector requires the presence of efficiency wage, while the secondary sector is competitive. We show that the Solow condition does not hold in a Stackelberg equilibrium where the primary sector acts as a leader and the secondary one as a...
Persistent link: https://www.econbiz.de/10011113567
In this paper, we introduce uncertainty of the labour productivity of women in a competitive model of wage determination. We demonstrate that more qualified women are then offered much lower wages than men at the equilibrium. This result is consistent with the glass ceiling hypothesis according...
Persistent link: https://www.econbiz.de/10005015594