THE FAIR WAGE EFFORT HYPOTHESIS - IMPLICATIONS FOR THE DISTRIBUTION OF INCOME AND DUAL LABOR-MARKETS

被引:5
|
作者
PALLEY, TI
机构
[1] New School for Social Research, New York, NY
关键词
FAIRNESS; EFFORT; EFFICIENCY WAGE; DUAL LABOR MARKETS;
D O I
10.1016/0167-2681(94)90026-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the impact of introducing considerations of fairness into the analysis of labor exchange. An efficiency wage model in which workers' efforts depend on their perceptions of the fairness of the treatment they receive is developed to explain real wages and unemployment. The model is then extended to provide a novel explanation of dual labor markets.
引用
收藏
页码:195 / 205
页数:11
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