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Author:Bulkley, G.
Myles, G.
Title:Trade unions, efficiency wages and shirking
Journal:Oxford Economic Papers
1996 : JAN, VOL. 48:1, p. 75-88
Index terms:ECONOMICS
TRADE UNIONS
PAY
Language:eng
Abstract:Efficiency wage models typically study the determination of wages and effort levels in the context of a labour market where the supply side is competitive. In this paper the authors examine the effects of unionsation on wages and effort. In addition to the monitoring technology where a noisy signal of each workers performance is received, the authors propose and investigate a spot-check monitoring technology where the effort of a fraction of workers is measured exactly. The authors examine models where the union can bargain over wages alone, and over wages and effort.
SCIMA record nr: 147259
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