skip to content
Efficiency wage models of the labor market Preview this item
ClosePreview this item
Checking...

Efficiency wage models of the labor market

Author: George A Akerlof; Janet L Yellen
Publisher: Cambridge Cambridge University Press 1986
Edition/Format:   eBook : EnglishView all editions and formats
Summary:
One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involuntary unemployment. Efficiency Wage Models  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Erscheint auch als:
Druck-Ausgabe
Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: George A Akerlof; Janet L Yellen
ISBN: 9780511559594 0511559593 9780521321563 0521321565 9780521312844 0521312841
OCLC Number: 967415293
Notes: Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Description: 1 online resource (ix, 178 pages)
Contents: Introduction / George A. Akerlof, Janet L. Yellen. - The Theory of Underemployment in Densely Populated Backward Areas / Harvey Leibenstein. - Another Possible Source of Wage Stickiness / Robert M. Solow. - Equilibrium Unemployment as a Worker Discipline Device / Carl Shapiro, Joseph E. Stiglitz. - Involuntary Unemployment as a Principal-Agent Equilibrium / James E. Foster, Henry Y. Wan, Jr.. - Labor Contracts as Partial Gift Exchange / George A. Akerlof. - A Model of the Natural Rate of Unemployment / Steven C. Salop. - Job Queues and Layoffs in Labor Markets with Flexible Wages / Andrew Weiss. - Hierarchy, Ability, and Income Distribution / Guillermo A. Calvo, Stanislaw Wellisz. - Incentives, Productivity, and Labor Contracts / Edward P. Lazear, Robert L. Moore. - Work Incentives, Hierarchy, and Internal Labor Markets / James M. Malcomson.
Responsibility: edited by George A. Akerlof and Janet L. Yellen.

Abstract:

The contributors explore the reasons why involuntary unemployment happens when supply equals demand.  Read more...

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.

Similar Items

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/967415293> # Efficiency wage models of the labor market
    a schema:Book, schema:CreativeWork ;
    library:oclcnum "967415293" ;
    schema:about <http://dewey.info/class/331.210724/> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/350156160#Topic/wages_econometric_models> ; # Wages--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/350156160#Topic/okonometrisches_modell> ; # Ökonometrisches Modell
    schema:bookFormat schema:EBook ;
    schema:datePublished "1986" ;
    schema:description "One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involuntary unemployment. Efficiency Wage Models of the Labor Market explores the reasons why there are labor market equilibria with employers preferring to pay wages in excess of the market-clearing wage and thereby explains involuntary unemployment. This volume brings together a number of the important articles on efficiency wage theory. The collection is preceded by a strong, integrative introduction, written by the editors, in which the hypothesis is set out and the variations, as described in subsequent chapters, are discussed." ;
    schema:editor <http://experiment.worldcat.org/entity/work/data/350156160#Person/akerlof_george_a_1940> ; # George A. Akerlof
    schema:editor <http://experiment.worldcat.org/entity/work/data/350156160#Person/yellen_janet_l_1946> ; # Janet L. Yellen
    schema:exampleOfWork <http://worldcat.org/entity/work/id/350156160> ;
    schema:inLanguage "en" ;
    schema:isSimilarTo <http://worldcat.org/entity/work/data/350156160#CreativeWork/> ;
    schema:name "Efficiency wage models of the labor market" ;
    schema:productID "967415293" ;
    schema:url <https://doi.org/10.1017/CBO9780511559594> ;
    schema:url <http://dx.doi.org/10.1017/CBO9780511559594> ;
    schema:workExample <http://worldcat.org/isbn/9780511559594> ;
    schema:workExample <http://worldcat.org/isbn/9780521321563> ;
    schema:workExample <http://worldcat.org/isbn/9780521312844> ;
    schema:workExample <http://dx.doi.org/10.1017/CBO9780511559594> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/967415293> ;
    .


Related Entities

<http://dx.doi.org/10.1017/CBO9780511559594>
    a schema:IndividualProduct ;
    rdfs:comment "URL des Erstveröffentlichers" ;
    .

<http://experiment.worldcat.org/entity/work/data/350156160#Person/akerlof_george_a_1940> # George A. Akerlof
    a schema:Person ;
    schema:birthDate "1940" ;
    schema:familyName "Akerlof" ;
    schema:givenName "George A." ;
    schema:name "George A. Akerlof" ;
    .

<http://experiment.worldcat.org/entity/work/data/350156160#Person/yellen_janet_l_1946> # Janet L. Yellen
    a schema:Person ;
    schema:birthDate "1946" ;
    schema:familyName "Yellen" ;
    schema:givenName "Janet L." ;
    schema:name "Janet L. Yellen" ;
    .

<http://experiment.worldcat.org/entity/work/data/350156160#Topic/okonometrisches_modell> # Ökonometrisches Modell
    a schema:Intangible ;
    schema:name "Ökonometrisches Modell" ;
    .

<http://experiment.worldcat.org/entity/work/data/350156160#Topic/wages_econometric_models> # Wages--Econometric models
    a schema:Intangible ;
    schema:name "Wages--Econometric models" ;
    .

<http://worldcat.org/entity/work/data/350156160#CreativeWork/>
    a schema:CreativeWork ;
    schema:description "Erscheint auch als:" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/967415293> ; # Efficiency wage models of the labor market
    .

<http://worldcat.org/isbn/9780511559594>
    a schema:ProductModel ;
    schema:isbn "0511559593" ;
    schema:isbn "9780511559594" ;
    .

<http://worldcat.org/isbn/9780521312844>
    a schema:ProductModel ;
    schema:isbn "0521312841" ;
    schema:isbn "9780521312844" ;
    .

<http://worldcat.org/isbn/9780521321563>
    a schema:ProductModel ;
    schema:isbn "0521321565" ;
    schema:isbn "9780521321563" ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.