| Schlicht, Ekkehart (2006): Selection Wages: An Illustration. Discussion Papers in Economics 2006-37 |
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442Kb |
Abstract
Offering higher wages may enable firms to attract more applicants and screen them more carefully. If firms compete in this way in the labor market, "selection wages" emerge. This note illustrates this wage-setting mechanism. Selection wages may engender unconventional results, such as a pre-tax wage compression induced by the introduction of a progressive wage tax.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Keywords: | wage formation, efficiency wage, incentive wage, mobility, job-specific pay, wage-tax |
| Collections: | Economics Economics > Discussion Papers in Economics Economics > Discussion Papers in Economics > Labor |
| Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
| JEL Classification: | J31, J41, J62, J63 |
| URN: | urn:nbn:de:bvb:19-epub-958-8 |
| Language: | English |
| ID Code: | 958 |
| Deposited On: | 13. Dec 2006 |
| Last Modified: | 25. May 2012 11:12 |
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