Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105521
Authors: 
Faria, João Ricardo
Year of Publication: 
1998
Series/Report no.: 
Department of Economics Discussion Paper, University of Kent 9814
Abstract: 
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover costs.
Subjects: 
Labour-Management Relations
Efficiency Wages
Unemployment
Turnover
JEL: 
J50
J41
J63
J64
Document Type: 
Working Paper

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