EFFICIENCY WAGES AND EQUILIBRIUM WAGES

被引：6

作者：

BLACK, DA

GAREN, JE

机构：

来源：

ECONOMIC INQUIRY | 1991年 / 29卷 / 03期

关键词：

D O I：

10.1111/j.1465-7295.1991.tb00844.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We present a labor market model that allows as special cases a market paying equilibrium wages, one paying disequilibrium efficiency wages, and a market combining the two. Our analysis indicates that industrial wage differentials are not necessarily evidence of efficiency wages. Such differentials may be explained by differences across industries in labor performance standards or in the accuracy with which worker effort can be measured. We do find, however, that the relationship between wages and dismissals can be used to distinguish a market paying equilibrium wages from one paying efficiency wages. Copyright © 1991, Wiley Blackwell. All rights reserved

引用

页码：525 / 540

页数：16

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