We use panel data to examine the empirical determinants of the reservation wage– in
particular the influence of previous wages– and consider what this implies for the evolution of
the natural rate of unemployment. We ...
Walsh, Frank(University College Dublin; School of Economics, 2005-11)
I argue that in contrast to the literature to date efficiency wage and bargaining
solutions will typically be independent. If the bargained wage satisfies the efficiency
wage constraint efficiency wages are irrelevant. ...
Hogan, Vincent (Vincent Peter)(University College Dublin. School of EconomicsUniversity College Dublin. Institute for the Study of Social Change (Geary Institute), 2003-04)
The reservation wage is an integral part of most theories of involuntary unemployment. We use panel data to examine the empirical determinants of the reservation wage - in particular the influence of previous wages - and ...
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 ...
The large changes in relative wages that occurred during the 1980s provide fertile ground for studying the behavioral responses of married couples to the wage changes of husbands and wives. I find estimates of own-wage and ...
The impact of internal and external variables on firm-level wages is examined using data for 436 UK firms over the period 1976-1986. The evidence indicates that both matter, as firm-level profit per employee and industrial ...
Chevalier, Arnaud(University College Dublin. School of Economics, 2004-02)
Focussing on recent UK graduates, a wage gap of 12% is found. The unexplained component of the gap is small and a large fraction of the gap can be explained by subject choice, job characteristics, motivation and expectation ...
Moore, Michael J.(University College Dublin. School of Economics, 1983-11)
The Barro-Grossman/Malinvaud model is extended to include two factors of production: skilled labour with a flexible price and unskilled labour with an exogenously determined money wage. A number of simple diagrams are ...