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Author: | Fella, G. |
Title: | Efficiency wage and efficient redundancy pay |
Journal: | European Economic Review
2000 : AUG, VOL. 44:8, p. 1473-1490 |
Index terms: | Efficiency Pay Workers Labour Costs Models |
Freeterms: | Firing |
Language: | eng |
Abstract: | A dynamic version of Shapiro and Stiglitz's model features a form of inefficiency which is not captured by the original static model. |
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