Do Deferred Wages Dominate Involuntary Unemployment as a Worker Discipline Device?
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In the most widely analyzed type of efficiency wage model of involuntary unemployment, firms pay wages in excess of market clearing to give workers an incentive not to shirk. Such payments in excess of market clearing and the resultant equilibrium unemployment act as a worker discipline device. This
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美国国家经济研究局创建时间：
1986-09-01
