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Persistent link: https://www.econbiz.de/10015386545
Who are more exploited, high-skilled or low-skilled workers? We address this question using the efficiency wage model with skill differentials incorporated. We perform simulations to find the Nash equilibrium numerically, and our central results are the following. First, higher-skilled workers...
Persistent link: https://www.econbiz.de/10014430880
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