کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10437782 912430 2005 27 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Fairness as a source of hysteresis in employment and relative wages
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Fairness as a source of hysteresis in employment and relative wages
چکیده انگلیسی
This paper analyses the influence of norms of fairness on wage formation. Fairness is defined by 'real-wage' and 'relative-wage' norms that relate wage offers to workers' own current wage and to the wages of other groups of workers, and, to avoid shirking, firms pay fair wages. The wage norms change endogenously, and the result is hysteresis with respect to both employment and the distribution of wages. An extension of the model that allows 'induced overeducation' may help explain trends in wage inequality.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 57, Issue 3, July 2005, Pages 305-331
نویسندگان
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