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Efficiency Wages - Models of Unemployment, Layoffs, and Wage Dispersion (Hardcover)
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Efficiency Wages - Models of Unemployment, Layoffs, and Wage Dispersion (Hardcover)
Series: Princeton Legacy Library
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Known for his seminal work in efficiency-wage theory, Andrew Weiss
surveys recent research in the field and presents new results. He
shows how wage schedules affect the kinds of workers a firm employs
and how well those workers perform on the job. Using
straightforward examples, he demonstrates how efficiency-wage
theory can explain labor market outcomes and guide government
policy. There is a separate section of applications to less
developed countries. "Efficiency-wage models represent one of the
most important developments in economic theory of recent years.
They have, at last, provided integrated explanations both of
macroeconomic phenomena, such as unemployment and wage rigidity,
and microeconomic phenomena, such as wage dispersion. Weiss--one of
the pioneers of efficiency-wage theory--provides here a masterful
survey, a lucid and systematic and yet critical account of this
rapidly developing branch of economics. This book should be
required reading in all courses in macroeconomics."--Joseph
Stiglitz, Stanford University "Efficiency Wages should be on the
bookshelf of all labor and macroeconomists."--Lawrence H. Summers,
Harvard University "A splendid monograph ...most readable. ..I will
put it on my reading list."--Partha Dasgupta, Stanford University
Originally published in 1991. The Princeton Legacy Library uses the
latest print-on-demand technology to again make available
previously out-of-print books from the distinguished backlist of
Princeton University Press. These editions preserve the original
texts of these important books while presenting them in durable
paperback and hardcover editions. The goal of the Princeton Legacy
Library is to vastly increase access to the rich scholarly heritage
found in the thousands of books published by Princeton University
Press since its founding in 1905.
General
Imprint: |
Princeton University Press
|
Country of origin: |
United States |
Series: |
Princeton Legacy Library |
Release date: |
April 2016 |
First published: |
1991 |
Authors: |
Andrew Weiss
|
Dimensions: |
229 x 152 x 15mm (L x W x T) |
Format: |
Hardcover - Trade binding
|
Pages: |
128 |
ISBN-13: |
978-0-691-63727-3 |
Categories: |
Books >
Business & Economics >
Economics >
Labour economics >
General
|
LSN: |
0-691-63727-X |
Barcode: |
9780691637273 |
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