Optimal Wage Distribution in Hierarchies

نویسندگان

چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Trends in Nebraska's Wage Distribution

Introduction age growth has been a persistent challenge for the United States economy in recent decades (Mishel, 2013). Middle class wage growth has been weak while job polarization has widened the gap in wages between the highest and lowest paying jobs. Many argue that technological change and globalization are the two main economic factors behind these trends (Dietz, 2012). These problems hav...

متن کامل

Optimal Wage Indexation

Indexation clause is introduced in a dynamic general equilibrium model with nominal wage contracts. We Þrst look into the optimal degree of indexation and then its effect on the business cycle. We have found that the optimal degree of indexation is around 50% with little vatiation with the contract length. Indexing the wage contract optimally makes the business cycle in the model economy much c...

متن کامل

Stagnation and minimum wage: Optimal minimum wage policy in macroeconomics

This paper argues how an increase in minimum wage affects employment, consumption, and social welfare with dynamic general equilibrium model without market frictions. The study demonstrates that a minimum wage hike reduces an actual unemployment rate and has positive effects on an employment rate under the demand-shortage economy whereas they do not under a non-demand shortage economy. The stud...

متن کامل

Optimal Feedback and Wage Policies∗

We consider a principal-agent setting in which the principal has superior expertise to assess performance of the agent. The agent, if capable and making an effort, generates successes exponentially distributed over time. The principal observes successes and may disclose them to the agent via (i) a feedback policy, if transfers are not allowed, or (ii) a wage policy, if transfers are allowed. We...

متن کامل

Determinants of Wage Growth and Wage Distribution Dynamics

This paper presents a new framework to analyze the effects of some economics factors on the U.S. distribution of wages. The paper seeks to specifically find the contributing factors of wage inequality and show how differently these factors influence wage dynamics at various points of the distribution. This paper provides valuable information of where in the wage distribution dynamics these fact...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Cuadernos de Economía

سال: 2007

ISSN: 0210-0266

DOI: 10.1016/s0210-0266(07)70007-9