Wages and the Allocation of Hours and Effort
收藏NBER1999-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7309
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We examine the impact of wage stickiness when employment has an effort as well as hours dimension. Despite wages being predetermined, the labor market clears through the effort margin. We compare this model quantitatively to models with flexible and sticky wages, but no effort margin. Allowing for
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美国国家经济研究局创建时间：
1999-08-01
