Efficiency Wages: Variants and Implications

Schlicht, Ekkehart (2016): Efficiency Wages: Variants and Implications. Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2016-4

Abstract

Wages affect productivity and non-wage costs with important labor market implications. Efficiency wage theories center on these issues. This article provides a brief non-technical overview.

• Dokumententyp: Paper
• Keywords: efficiency wages, selection wages, turnover wages, discipline wages, shirking, size-wage effect, firm-size effect, congestion-wage effect, Reder-competition, discrimination, hiring standards, minimum wage, income taxation
• Fakultät: Volkswirtschaft > Munich Discussion Papers in Economics ; Volkswirtschaft > Munich Discussion Papers in Economics > Arbeit ; Volkswirtschaft > Lehrstühle > Seminar für Theorie und Politik der Einkommensverteilung (aufgelöst)
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: J24, J31, J63, J71, M52, D21, H21, H3
• Sprache: Deutsch

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