In a model with rigid nominal wages, full information and competitive product markets, I show that when an effort augmented production function is incorporated into an analysis of supply and demand shocks, the outcomes are ...
Walsh, Frank(University College Dublin. School of Economics, 2000-11)
A monopsony model of the labour market is developed where wages and the effort level
are chosen by the firm. Higher wages raise labour supply while higher effort reduces it. Wages will be below the socially optimal level ...
This paper investigates the link between nationality of ownership and wage elasticities of labour demand at the level of the plant. In particular, we examine whether labour demand in multinationals becomes less elastic ...
This paper investigates the link between nationality of ownership and wage elasticities of labour demand at the level of the plant. In particular, we examine whether labour demand in multinationals becomes less elastic ...
Walsh, Frank(University of Chicago Press, 1999-04)
The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effort endogenously. Easily monitored or low-turnover jobs have high effort and may have low wages in equilibrium. Empirical ...
Using micro data from the Quarterly National Household Survey we look at trends in
Irish union membership from 2001-2006. There was a steep decline in union density.
Decomposition analysis suggests that most of the decline ...
This report is about balanced economic development in the Northeast of Thailand. It is about growth and poverty reduction, cities and villages, enterprises and workers, skills and education, infrastructure and trade, and ...
While foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be equally productive workers, the causes of this remain unresolved. In a two-period bargaining framework we ...
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