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References for Efficiency wages: Variants and implications
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Further reading
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Key references
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OECD Divided We Stand.
Why Inequality Keeps Rising. Paris: OECD Publishing, 2011. Key reference: [1]
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Dolton, P., Bondibene, C. R., Wadsworth, J. "Employment,
inequality and the UK national minimum wage over the medium
term" Oxford Bulletin of
Economics and Statistics 74:1 (2012): 78–106. Key reference: [2]
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Schlicht, E. "Wage
generosity" Journal of
Institutional and Theoretical Economics 148:3 (1992): 437–451. Key reference: [3]
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Oi, W., Idson, T. "Firm size and
wages" Handbook of Labor
Economics 3 (1999): 2165–2214. Key reference: [4]
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Glaeser, E. L., Maré, D. C. "Cities and
skills" Journal of Labor
Economics 19 (2001): 316–342. Key reference: [5]
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Schlicht, E. "Selection wages
and discrimination" Economics 4 (2010): 1–30. Key reference: [6]
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Büttner, T., Jacobebbinghaus, P., Ludsteck, J. "Occupational
upgrading and the business cycle in West Germany" Economics 4 (2010): 1–37. Key reference: [7]
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Campbell, C. M. "Do firms pay
efficiency wages? Evidence with data at the firm level" Journal of Labor
Economics 11:3 (1993): 442–470. Key reference: [8]
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Fehr, E., Kirchsteiger, G., Riedl, A. "Does fairness
prevent market clearing? An experimental investigation" The Quarterly
Journal of Economics 108:2 (1993): 437–459. Key reference: [9]
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Manning, A. Monopsony in
Motion: Imperfect Competition in the Labor Market. Princeton, NJ: Princeton University Press, 2013. Key reference: [10]
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Dube, A. "The envelope
(theorem) please: Profits, efficiency wages, and
monopsony", 2015. Key reference: [11]
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Mortensen, D. "Job search, the
duration of unemployment and the Phillips curve" American Economic
Review 60 (1970): 847–862. Key reference: [12]
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Spitz-Oener, A. "Technical change,
job tasks, and rising educational demands: Looking outside the
wage structure" Journal of Labor
Economics 24:2 (2006): 235–270. Key reference: [13]
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OECD Divided We Stand.
Why Inequality Keeps Rising. Paris: OECD Publishing, 2011.
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Additional References
- Akerlof, G. "Labor contracts as partial gift exchange" The Quarterly Journal of Economics 97:4 (1982): 543−569.
- Becker, G., Stigler, G. "Law enforcement, malfeasance, and compensation of enforcers" Journal of Legal Studies 3:1 (1974): 1−18.
- Bulow, J., Summers, L. "A theory of dual labor markets with application to industrial policy, discrimination, and Keynesian unemployment" Journal of Labor Economics 4:3 (1986): 376−414.
- Gintis, H. "The nature of labor exchange and the theory of capitalist production" Review of Radical Political Economics 8:2 (1976): 36−54.
- Krueger, A., Summers, L. "Efficiency wages and the inter-industry wage structure" Econometrica 56:2 (1988): 259−293.
- Leonard, J. "Carrots and sticks: Pay, supervision and turnover" Journal of Labor Economics 5:4 (1987): S136−S152.
- Phelps, E. S. "Money-wage dynamics and labor-market equilibrium" Journal of Political Economy 76:4 (1968): 678–711.
- Reder, M. W. "The theory of occupational wage differentials" American Economic Review 45 (1955): 833–852.
- Reder, M. W. "Wage structure and structural unemployment" The Review of Economic Studies 31 (1964): 309–322.
- Salop, S. C. "A model of the natural rate of unemployment" American Economic Review 69:1 (1979): 117−125.
- Shapiro, C., Stiglitz, J. E. "Equilibrium unemployment as a worker discipline device" American Economic Review 74:3 (1984): 433−444.
- Schlicht, E. "Labour turnover, wage structure, and natural unemployment" Journal of Institutional and Theoretical Economics 134 (1978): 337−346.
- Schlicht, E. "Hiring standards and labour market clearing" Metroeconomica 56:2 (2005): 263−279.
- Schlicht, E. "Wage dispersion, over-qualification, and reder competition" Economics: The Open-Access, Open-Assessment E-Journal 1:2 (2007): 1−22.
- Schlicht, E. "Selection wages and discrimination" Economics—The Open-Access, Open-Assessment E-Journal 4 (2010): 1−30.
- Stiglitz, J. E. "Approaches to the economics of discrimination" American Economic Review 63:2 (1973): 287−295.
- Stiglitz, J. "Alternative theories of wage determination and unemployment in LDC’s: The labor turnover model" The Quarterly Journal of Economics 88:2 (1974): 194−227.
- Stiglitz, J. "The causes and consequences of the dependence of quality on price" Journal of Economic Literature 25:1 (1987): 1−48.
- Summers, L. "Relative wages, efficiency wages, and Keynesian unemployment" The American Economic Review 78:2 (1988): 383−388.
- Solow, R. "Another possible source of wage stickiness" Journal of Macroeconomics 1:1 (1979): 79−82.
- Weiss, A. W. "Job queues and layoffs in labor markets with flexible wages" Journal of Political Economy 88:3 (1980): 526−538.