[PDF] Top 20 Dual labor market and strategic efficiency wage

... Considering a Sta kelberg equilibrium in whi h the primary se tor a ts as a leader and the se ondary se tor as a follower, we show that the Solow ondition does not hold in general and an[r] ... See full document

... the wage adjustment of their “big brothers” -large SOEs in the labour market, that is, market ...of wage flexibi lity, indicating that wage rigidity may be a result of coordination ... See full document

... the labor market is unionized, the Taylor principle ...competitive labor market, an increase in the rate of interest supporting the e¢cient equilibrium a¤ects only the IS curve, and this ... See full document

... Product market regulation ( pmr ): The OECD index measuring the degree of rigidity in the product ...in strategic sectors-like telecommunications-and the presence of the public ad- ministration as ... See full document

... urban efficiency wages theory. According to the efficiency wages models, employed workers may receive a higher wage than that of the labor market equilibrium in order to discourage or ... See full document

... the efficiency wage theory is that the effort (productivity) of a typical worker is positively re- lated to his/her wage, and firms have the market power to set the wage 9 ...lower ... See full document

... lower wage (Lassibille (2001), Marey (2002), Dupuy and Smits (2010)) and this, in turn, improves the future technological progress of the economy 4 ...up, labor market friction has a dual ... See full document

... gender wage gap in the agricultural labor market is observed in all the states of ...wise wage discrimination in agricultural labor ...gender wage gap are the expansion of ... See full document

... As discussed in Chapter 1, Hornstein, Krusell and Violante (2011) show that in search models frictional wage dispersion and unemployment volatility are closely related. The baseline search model usually requires ... See full document

... single wage, leading to the counterfactual prediction that the private sector’s response to competition from the public sector is to post a wage distribution with a hole in its ...have wage ... See full document

... average labor wage, may apply more automated machines to reduce the demand for ...of labor wage; one of them is because of the power of labor How to cite this paper: Wang, ... See full document

... minimum wage policy together with minimum wage acting as a base wage for the whole economy resulted in a very compressed wage structure and thus little variation of wages by ...Gender ... See full document

... a market-based economy; however, these reforms actually started taking hold during the ...the labor market particularly ...sector wage system began in 1990 1 ...to market rates and the ... See full document

... product market imperfections revolutionized our understanding of trade policies and comparative advantage (Brander and Spencer, 1985; Krugman, ...influencing labor economics, with a growing literature ... See full document

... of efficiency wage relation and the Solow elasticity condition an increase in the unemployment benefit raises Nash wage rate but lowers both market tightness and unemployment rate under some ... See full document

... The most serious limitation of these studies is that the timing of trade reforms, as well as other structural reforms, and the trends in inequality do not match. It is this issue that we address directly. We argue that ... See full document

... black-white wage and employment gaps, as well as a decreasing profile of these gaps as the skill of workers ...suggests labor market discrimination remains a plausible hypothesis to rationalize ... See full document

... The basis to the empirical analysis in Chapter 6 is the argument that efficiency wage theory predicts a positive wage effect in a product market performance equation... Results provide s[r] ... See full document

... The real cost to the farmer of hiring in labor will be the nominal wage W ,plus the agency cost in the labor market [E* /4.or E* L] A family worker working off the farm will also.have to[r] ... See full document

... Measurement of residual wage dispersion • Empirical counterpart of theory: wage observations for ex-ante similar workers searching in the same labor market • Three key data issues: 1.. D[r] ... See full document