| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5162 |
| DP5162 When do Countries Introduce Competition Policy? | |
| Rikard Forslid; Jonas Häckner; Astri Muren | |
| 发表日期 | 2005-08-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We develop and analyse a structural model of efficiency wages founded on reciprocity. Workers are assumed to face an explicit trade-off between the disutility of providing effort and the psychological benefit of reciprocating the gift of a wage offer above some reference level. The model provides a rationale for rent sharing -- a feature that is very much present in the data but absent from previous formulations of the efficiency wage hypothesis. This firm-internal perspective on efficiency wages has important macroeconomic consequences: rent-sharing considerations promote wage rigidity, internal amplification and asymmetric responses to technology and demand shocks. |
| 主题 | International Macroeconomics |
| 关键词 | Reciprocity Rent-sharing Efficiency wages Wage rigidity |
| URL | https://cepr.org/publications/dp5162 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534047 |
| 推荐引用方式 GB/T 7714 | Rikard Forslid,Jonas Häckner,Astri Muren. DP5162 When do Countries Introduce Competition Policy?. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
