Involuntary Unemployment and Non-compensating Wage Differentials in an Experimental Labour Market
Involuntary Unemployment and Non-compensating Wage Differentials in an Experimental Labour Market
复制标题
实验劳动力市场中的非自愿失业和非补偿性工资差异
DOI:
10.2307/2234934
复制
发表时间:
1996
期刊:
影响因子:
--
通讯作者:
A. Riedl
中科院分区:
文献类型:
--
作者:
E. Fehr;G. Kirchsteiger;A. Riedl
In this paper, the authors report the results of a series of efficiency wage experiments. Some of the key predictions of the efficiency wage hypothesis are qualitatively confirmed by the data: higher wages caused a reduction in shirking; firms offered contracts which exhibited positive job rents; firms offered systematically different wages and job rents which gave rise to noncompensating income differentials; and endogenous involuntary unemployment occurred. Copyright 1996 by Royal Economic Society.