登入選單

返回Google圖書搜尋

Efficiency Wage Theory, Labor Markets, and Adjustment

Luis A. RiverosLuis Riveros C.Lawrence Bouton

出版	Population and Human Resources Department, The World Bank, 1991
URL	http://books.google.com.hk/books?id=5hGyAAAAIAAJ&hl=&source=gbs_api

註釋

Efficiency wage theory suggests that wages (and hence labor markets) may be unresponsive to typical macroeconomic policies that seek to lower real wages, change resource allocation, and reduce open unemployment. Under this theory, firms will react to macroeconomic shocks by altering employment (laying workers off), not wages.