دانلود مقاله ISI انگلیسی شماره 50849
عنوان فارسی مقاله

روابط متقابل و انعطاف پذیری نزولی دستمزدها

کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
50849 2010 14 صفحه PDF سفارش دهید محاسبه نشده
خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.
عنوان انگلیسی
Reciprocity and downward wage rigidity
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Macroeconomics, Volume 32, Issue 4, December 2010, Pages 1155–1168

کلمات کلیدی
متقابل - انعطاف پذیری نزولی دستمزدها - هنجار اجتماعی - دستمزد موثر
پیش نمایش مقاله
پیش نمایش مقاله روابط متقابل و انعطاف پذیری نزولی دستمزدها

چکیده انگلیسی

The employment relationship is to a large extent characterized by incomplete contracts, in which workers have a considerable degree of discretion over the choice of their work effort. This discretion at work kicks in the potential importance of “gift exchange” or reciprocity between workers and employers in their employment relationship. Built on the seminal work of Akerlof (1980), this paper adopts a social norm approach to model reciprocity in labor markets and theoretically derives two versions of downward wage rigidity. The first version explains why employers may adopt a high wage policy far above the competitive level. This version is not a novel finding in the existing literature and is mainly served as a benchmark for later comparison in the current paper. Our main contribution lies in the second version in which not only may employers adopt a high wage policy far above the competitive level, but one can also account for the asymmetric behavior of wages and explain why employers are hesitant about wage cuts in the presence of negative shocks. We argue that this second and stronger version of downward wage rigidity has moved the efficiency wage theory a step forward.

خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.