Relevant bibliographies by topics / Wage theory

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Wage theory'

Author: Grafiati
Published: 4 June 2021
Last updated: 1 February 2022

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Journal articles on the topic "Wage theory"

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Bradley, Michael E. "Efficiency Wages and Classical Wage Theory." Journal of the History of Economic Thought 29, no. 2 (June 2007): 167–88. http://dx.doi.org/10.1080/10427710701335901.

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In The General Theory, John Maynard Keynes lumped together the marginalist and neoclassical economics of the late nineteenth and twentieth centuries and the more narrowly defined “classical” economics of Adam Smith, David Ricardo, J. R. McCulloch, James and John Stuart Mill and other mainstream economists of the late eighteenth and early nineteenth into what he called the “classical theory of employment,” which he reduced to two “fundamental postulates”:(a) The wage is equal to the marginal product of labour…(b) The utility of the wage when a given volume of labour is employed is equal to the marginal disutility ofthat amount of employment…(Keynes 1936, p. 5).
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Brandis, Royall. "The Structure of Wages and Ricardian Wage Theory." Journal of the History of Economic Thought 12, no. 1 (1990): 76–80. http://dx.doi.org/10.1017/s1053837200006118.

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The purpose of this note is to demonstrate a fundamental inconsistency between Ricardo's theory of wages and his treatment of the occupational structure of wages. This inconsistency arises on two levels'that of the economic reality of Ricardo's day and that of Ricardo's own theoretical schema. It is the latter that will concern us. The importance of Ricardo's theory of wages in the whole Ricardian system is too well-known to require substantiation here. Whether, or to what extent, Ricardo himself was aware of the flaw to be described, is a moot question. His treatment was masterly from the stand-point of avoiding facing up to the inconsistency. At least, those who followed immediately in his footsteps never noticed it, and indeed, it has gone largely unremarked by modern students of Ricardo's work.
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Burger, John D., and Stephen J. K. Walters. "Testing Fair Wage Theory." Journal of Labor Research 29, no. 4 (February 19, 2008): 318–32. http://dx.doi.org/10.1007/s12122-007-9044-8.

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Boettke, Peter J., Rosolino Candela, and Kaitlyn Woltz. "Is the Market Wage the Just Wage?" Erasmus Journal for Philosophy and Economics 11, no. 2 (November 6, 2018): 124–43. http://dx.doi.org/10.23941/ejpe.v11i2.337.

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Do markets generate a “just” wage? The answer to this question will depend upon the particular theory of the market that the political economist employs. When comparing actual labor markets with the neoclassical theory of competitive equilibrium as its normative benchmark, Joseph Heath (2018) argues that factor pricing is orthogonal to normative issues such as distributive justice. We argue that Heath’s conclusion, though not invalid, follows from a similar normative benchmark of equilibrium, one that evaluates factor pricing without taking into account the institutional conditions within which factor prices emerge. Though indeed classical political economists and early neoclassical economists failed to deliver an explicit theory of distributive justice, what Heath overlooks is that implicit to their understanding of the market process was an institutional theory of distributive justice.
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Sato, Yasuhiro. "Search theory and the wage curve." Economics Letters 66, no. 1 (January 2000): 93–98. http://dx.doi.org/10.1016/s0165-1765(99)00174-3.

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Blanchard, Olivier, and Lawrence F. Katz. "Wage Dynamics: Reconciling Theory and Evidence." American Economic Review 89, no. 2 (May 1, 1999): 69–74. http://dx.doi.org/10.1257/aer.89.2.69.

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Stockhammer, Engelbert, and Ozlem Onaran. "Wage-led growth: theory, evidence, policy." Review of Keynesian Economics 1, no. 1 (January 1, 2013): 61–78. http://dx.doi.org/10.4337/roke.2013.01.04.

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Renkas, Jurij. "Wage Expectations in Light of Human Capital Measurement Theory." Argumenta Oeconomica Cracoviensia, no. 9 (2013): 29–42. http://dx.doi.org/10.15678/aoc.2013.0902.

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Snell, Andy, Heiko Stüber, and Jonathan P. Thomas. "Downward real wage rigidity and equal treatment wage contracts: Theory and evidence." Review of Economic Dynamics 30 (October 2018): 265–84. http://dx.doi.org/10.1016/j.red.2018.06.001.

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Jensen, Bjarne S. "von Thünen: Capital, Production Functions, Marginal Productivity Wages, and the Natural Wage." German Economic Review 18, no. 1 (February 1, 2017): 51–80. http://dx.doi.org/10.1111/geer.12085.

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Abstract This paper puts seminal contributions to theory of production functions and maximization of explicit quantitative objective functions by Johann Heinrich von Thünen into a systematic historical perspective. We show that his comprehensive ‘Tableau Economiques’ do imply two exact parametric production functions. Moreover, the renowned ‘geometric mean wage’ formula is restated as an exact CES marginal labor productivity wage for σ= 2. We review four alternative modes of normative (natural) wage calculations without an explicit production function, and conclude that von Thünen’s natural wage differentiation formulas are bona fide alternatives for deriving the natural wage formula.
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Dissertations / Theses on the topic "Wage theory"

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Fongoni, Marco. "Asymmetric reciprocity, reference wage formation, and the theory of wages and unemployment." Thesis, University of Strathclyde, 2017. http://digitool.lib.strath.ac.uk:80/R/?func=dbin-jump-full&object_id=28668.

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This thesis contributes to the theory of wages and unemployment through an indepth theoretical analysis of firms' wage setting and hiring decisions and workers'€™ perceptions of fairness and attitude in the production process. Chapter 1 develops a microeconomic theory of wage setting behaviour based on contractual incompleteness, fairness, reciprocity and reference dependence and loss aversion in the evaluation of wage contracts by workers. The chapter makes the following contributions: it provides a theoretical explanation for wage rigidity in a dynamic environment; it offers a psychological foundation for asymmetric reciprocity, identifying loss aversion as the driver of negative reciprocity being stronger than positive reciprocity; and it analyses the implications of “asymmetric reference-dependent reciprocity” and anticipated wage rigidity for optimal wage setting and hiring behaviour. Chapter 2 incorporates the theory developed in Chapter 1 into a canonical search and matching framework and analyses its macroeconomic implications. In so doing the chapter contributes to the literature of labour market fluctuations from a novel behavioural perspective. In contrast to existing theoretical results, in the presence of reference-dependent reciprocity the cyclicality of the hiring wage is shown to be irrelevant for the volatility of vacancies and unemployment. Moreover, the novel behavioural aspects introduced turn out to be qualitatively and quantitatively important in determining the size of the surplus from new employment relationships. Finally, by considering the role of uncertainty, it is shown that the expectation by firms of downward wage rigidity dampens hiring incentives and increases the volatility of both job creation and unemployment Chapter 3 explores the concept of the reference “fair” wage in depth. Building on a large body of research that has explored the concepts of fairness, reference dependence, and social norms and identity, this chapter develops a general, and portable, analytical framework to model reference wage formation. Several inherent properties of the reference wage are formalised: the intrinsic tendency of workers to adapt their reference wage over time; the role of readily available information, which can also be “manipulated” by the firmand/or third parties; and asymmetries in fairness evaluations. This framework is applied to study the implications of asymmetric partial adaptation of the reference wage for wage and reciprocity dynamics; and the effect of relative wage comparisons between newly hired and incumbent workers for the cyclical behaviour of vacancies and unemployment.
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Oh, Min-Hong. "A study on the trade-off between supervision and wages an empirical test of efficiency wage theory /." Diss., Columbia, Mo. : University of Missouri-Columbia, 2005. http://hdl.handle.net/10355/4143.

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Thesis (Ph. D.)--University of Missouri-Columbia, 2005.
The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file. Title from title screen of research.pdf file viewed on (July 18, 2006) Vita. Includes bibliographical references.
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Vetter, Henrik. "Wage determination with asymmetric information." Thesis, University of Warwick, 1991. http://wrap.warwick.ac.uk/88516/.

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This thesis contains 5 independent chapters together with an Introduction and a General Conclusion. All five chapters consider the problem of wage determination in an economy characterized by asymmetric information. The solution which is implemented, for example a pair consisting of the wage and the level of employment, is restricted to elicit all possible relevant information. This forces some additional constraints upon the optimization problem of the agents. Chapters 2 and 3 demonstrate that since the firm does not voluntarily share its information with other agents, the level of employment is not efficient. In both a separating and a pooling equilibrium, underemployment is the case. Note here that the equilibrium obtained changes qualitatively from Chapter 2 to Chapter 3. We return to this in the General Conclusion. Chapter 4 elaborates upon Chapter 2. It is shown that in an otherwise competitive economy, employment and investment are lowered since they are used as signalling devices, compared to the case of symmetric and perfect information. In a model characterized by monopoly, this conclusion is no longer true. The effect upon investment is no longer unambiguous. We also return to this in the General Conclusion. Chapters 5 and 6 consider economic policy in the case of a separating, respectively, pooling equilibrium. It is shown that in the case of a separating equilibrium, taxation can improve upon the situation. For a pooling equilibrium we show the existence of multipliers. General for these models is that the introduction of asymmetric information certainly does have an effect, but also that the results are possibly non-robust to assumptions with respect to the market form.
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Schoenberg, Uta. "Learning, mobility and wage dynamics : theory and evidence." Thesis, University College London (University of London), 2004. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.406249.

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Ramaswamy, Ramana. "The theory of social corporatism and wage bargaining." Thesis, University of Cambridge, 1990. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.385487.

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Kim, Insu. "Essays on inflation and wage dynamics theory and evidence /." Diss., [Riverside, Calif.] : University of California, Riverside, 2010. http://proquest.umi.com/pqdweb?index=0&did=2019836991&SrchMode=2&sid=2&Fmt=2&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1274718054&clientId=48051.

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Thesis (Ph. D.)--University of California, Riverside, 2010.
Includes abstract. Title from first page of PDF file (viewed May 19, 2010). Includes bibliographical references. Issued in print and online. Available via ProQuest Digital Dissertations.
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Metcalfe, Renuka. "Dynamic wage-bargaining in labour markets : theory and evidence." Thesis, University of Surrey, 2006. http://epubs.surrey.ac.uk/1024/.

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Heyboer, Jay Daniel. "Interindustry profitability and wage rates : a resource theory approach /." The Ohio State University, 1991. http://rave.ohiolink.edu/etdc/view?acc_num=osu1487687115926452.

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Carrasco, Bruno. "Essays in appied theory of search and matching." Thesis, University of Essex, 1998. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.242234.

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ROCHA, ROBERTO HSU. "FIRMS, INFORMALITY AND WAGE INEQUALITY: THEORY AND EVIDENCE FROM BRAZIL." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2018. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=34861@1.

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PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO
COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR
FUNDAÇÃO DE APOIO À PESQUISA DO ESTADO DO RIO DE JANEIRO
PROGRAMA DE EXCELENCIA ACADEMICA
BOLSA NOTA 10
O Mercado de trabalho brasileiro passou por mudanças significativas entre 2003 e 2012. A desigualdade de salários, informalidade e desemprego caíram enquanto o salário mínimo real subiu. Evidências empíricas recentes sugerem que o papel das firmas foi importante nesses processos. Este artigo tem dois aspectos principais. Primeiro eu proponho um modelo de search e mathching com firmas e trabalhadores heterogêneos que leva em conta diversos atributos do mercado de trabalho brasileiro como informalidade, desemprego, salário mínimo e desigualdade de salários entre e intra firmas. Em seguida, com o modelo estimado que replica momentos importantes do mercado de trabalho em 2003, eu proponho exercícios contrafactuais para quantificar os determinantes por trás da redução da desigualdade de salários no Brasil. Os resultados do modelo sugerem que as mudanças no valor real do salário mínimo e da composição educacional da força de trabalho explicam grande parte da redução da desigualdade de salários no setor formal, mas são fatores mais limitados na redução da desigualdade de renda na economia como um todo.
The labor market in Brazil had significant changes between 2003 and 2012. Wage inequality, informality and unemployment decreased while the real minimum wage rose. This paper has two major features. First, I propose a search and matching model with heterogeneous firms and workers that takes into account several attributes of the Brazilian labor market such as informality, unemployment, minimum wage, wage variance between and within firms and the educational composition of the workforce. Then, with an estimated model that fits important moments of the labor market in 2003, I make counterfactual exercises to quantify the determinants beneath the reduction of wage inequality. Results from the model suggest that changes in the real value of the minimum wage and the educational attainment of the workforce explain most of the reduction of wage inequality in the formal sector, but are more limited factors in the reduction of wage inequality in the whole economy.
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Books on the topic "Wage theory"

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Brems, Hans. Wage theory and growth theory. [Urbana, Ill.]: College of Commerce and Business Administration, University of Illinois at Urbana-Champaign, 1988.

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Charness, Gary. Do co-workers' wages matter?: Theory and evidence on wage secrecy, wage compression and effort. Bonn, Germany: IZA, 2004.

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Aage, Hans. Soviet wage theory and distribution debates. Washington, DC: Wilson Center, Kennan Institute for Advanced Russian Studies, 1989.

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C, Luis Riveros. Efficiency wage theory, labor markets, and adjustment. Washington, DC (1818 H St., NW, Washington 20433): Population and Human Resources Dept., The World Bank, 1991.

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Rotemberg, Julio. A theory of inter-industry wage differentials. Cambridge, Mass: Sloan School of Management, Massachusetts Institute of Technology, 1986.

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Wage policy, income distribution, and democratic theory. New York: Routledge, 2010.

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Vedder, Richard K. Minimum wage costs jobs. London: Adam Smith Institute, 1995.

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Neumark, David. Minimum wage effects and low-wage labor markets: A disequilibrium approach. Cambridge, Mass: National Bureau of Economic Research, 1994.

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Easton, B. H. The real wage debate, 1978-1990. Wellington, N.Z: Victoria University of Wellington, 1990.

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Skedinger, Per. Essays on wage formation, employment, and unemployment. Uppsala: [Uppsala University], 1992.

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Book chapters on the topic "Wage theory"

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Horvat, Branko. "The Wage—Rental Curve." In The Theory of International Trade, 67–71. London: Palgrave Macmillan UK, 1999. http://dx.doi.org/10.1057/9780333983386_11.

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Schumpeter, Joseph A., and Yasuma Takata. "Foundations of the Wage Theory." In Power or Pure Economics?, 32–47. London: Palgrave Macmillan UK, 1998. http://dx.doi.org/10.1007/978-1-349-14954-4_3.

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Wolfstetter, Elmar. "Contract Theory and Involuntary Underemployment: A Review." In Economics of Wage Determination, 171–92. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-84134-7_15.

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Pohlmeier, Winfried. "Contract Theory and Involuntary Underemployment: A Review." In Economics of Wage Determination, 193–94. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-84134-7_16.

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DeNew, John P. Haisken. "Econometric Theory." In Migration and the Inter-Industry Wage Structure in Germany, 73–105. Berlin, Heidelberg: Springer Berlin Heidelberg, 1996. http://dx.doi.org/10.1007/978-3-642-80142-6_3.

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Evans, Mark. "In Humanity’s Name: Democracy and the Right to Wage War." In Just War Theory, 71–89. New York: Palgrave Macmillan US, 2005. http://dx.doi.org/10.1007/978-1-137-10912-5_4.

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Tsoulfidis, Lefteris. "Wage rate of profit curves and technological change." In Capital Theory and Political Economy, 93–131. 1 Edition. | New York : Routledge, 2021. |: Routledge, 2021. http://dx.doi.org/10.4324/9781351239424-5.

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Junankar, P. N. "Are Wage Cuts the Answer? Theory and Evidence." In Economics of the Labour Market, 330–45. London: Palgrave Macmillan UK, 2000. http://dx.doi.org/10.1057/9781137555199_19.

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Davidson, Louise. "The Theory of Monetary Policy Under Wage Inflation." In Money and Employment, 170–90. London: Palgrave Macmillan UK, 1990. http://dx.doi.org/10.1007/978-1-349-11513-6_11.

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Oswald, Andrew J. "The Economic Theory of Trade Unions: An Introductory Survey." In Trade Unions, Wage Formation and Macroeconomic Stability, 18–51. London: Palgrave Macmillan UK, 1986. http://dx.doi.org/10.1007/978-1-349-08596-5_2.

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Conference papers on the topic "Wage theory"

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Xue, Wan-dong. "The Study for Efficiency Wage Theory Models." In 2010 International Conference on E-Product E-Service and E-Entertainment (ICEEE 2010). IEEE, 2010. http://dx.doi.org/10.1109/iceee.2010.5660741.

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Lee, Jaesun. "Examining Efficiency Wage Theory in US Fast Food Restaurants." In Fifth International Conference On Advances in Economics, Management and Social Study - EMS 2016. Institute of Research Engineers and Doctors, 2016. http://dx.doi.org/10.15224/978-1-63248-089-7-71.

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Kibara Manyeki, John, Izabella Szakálné Kanó, and Balázs Kotosz. "Livestock product supply and factor demand responsiveness." In The European Union’s Contention in the Reshaping Global Economy. Szeged: Szegedi Tudományegyetem Gazdaságtudományi Kar, 2020. http://dx.doi.org/10.14232/eucrge.2020.proc.9.

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Despite there being incredible challenges in enhancing livestock development in Kenya, this article isolates product supply and factors input demand responsiveness as the main constraints facing the smallholder. A flexible-Translog profit function permits the application of dual theory in the analysis of livestock product supply and factor demand responsiveness using farm-level household data. The results indicate that own-price elasticities were elastic for cattle, while goat and sheep were inelastic. Cross-price and scale elasticities were found to be within inelastic range in all cases, with the goat being a preferred substitute for cattle. All factor inputs demand elasticities were inelastic with the exception of elastic cattle output prices and labour cost. Thus, the recommended policy option would be supportive pro-pastoral price policies, enhanced investment in pastureland improvement and an increasing wage rate, since these assume key significance in improving the livestock production/marketing.
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Sotsky, Alexander B., Luidmila I. Sotskaya, and V. I. Sivucha. "Theory of planar electrode systems for integrated-optic devices." In Guided Wave Optics, edited by Alexander M. Prokhorov and Evgeny M. Zolotov. SPIE, 1993. http://dx.doi.org/10.1117/12.145590.

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Lindner, Henry H. "A QED-compatible wave theory of light, electrons, and their interactions." In SPIE Optical Engineering + Applications, edited by Chandrasekhar Roychoudhuri, Andrei Yu Khrennikov, and Al F. Kracklauer. SPIE, 2011. http://dx.doi.org/10.1117/12.893053.

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Renninger, M., Guillaume Adenier, Andrei Yu Khrennikov, Pekka Lahti, Vladimir I. Man'ko, and Theo M. Nieuwenhuizen. "On Wave-Particle Duality." In Quantum Theory. AIP, 2007. http://dx.doi.org/10.1063/1.2827335.

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Olkhov, Oleg A., Guillaume Adenier, Andrei Yu Khrennikov, Pekka Lahti, Vladimir I. Man'ko, and Theo M. Nieuwenhuizen. "Geometrization of Classical Wave Fields." In Quantum Theory. AIP, 2007. http://dx.doi.org/10.1063/1.2827325.

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"Session I24P5 Electromagnetic field theory." In 2008 International Conference on Microwave and Millimeter Wave Technology. IEEE, 2008. http://dx.doi.org/10.1109/icmmt.2008.4540804.

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Eremka, V. D., V. A. Zhurakhovskiy, and A. M. Kovalenko. "Nonlinear Analytic Theory Of Autoresonance Peniomagnetron." In International Conference on Millimeter Wave and Far-Infrared Technology. IEEE, 1990. http://dx.doi.org/10.1109/icmwft.1990.711410.

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Zhang, Yongbo, Tingting Shao, and Yanping Li. "Partial Parallel Interference Cancellation Employing Fuzzy Theory." In 2009 WASE International Conference on Information Engineering (ICIE). IEEE, 2009. http://dx.doi.org/10.1109/icie.2009.272.

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Reports on the topic "Wage theory"

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Blanchard, Olivier Jean, and Lawrence Katz. Wage Dynamics: Reconciling Theory and Evidence. Cambridge, MA: National Bureau of Economic Research, February 1999. http://dx.doi.org/10.3386/w6924.

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Holmes, Thomas, and Julia Thornton Snider. A Theory of Outsourcing and Wage Decline. Cambridge, MA: National Bureau of Economic Research, April 2009. http://dx.doi.org/10.3386/w14856.

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Borjas, George, and Valerie Ramey. Foreign Competition, Market Power and Wage Inequality: Theory and Evidence. Cambridge, MA: National Bureau of Economic Research, December 1993. http://dx.doi.org/10.3386/w4556.

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Gibbons, Robert, and Michael Waldman. Enriching a Theory of Wage and Promotion Dynamics Inside Firms. Cambridge, MA: National Bureau of Economic Research, July 2003. http://dx.doi.org/10.3386/w9849.

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Beaudry, Paul, David Green, and Benjamin Sand. Spatial Equilibrium with Unemployment and Wage Bargaining: Theory and Estimation. Cambridge, MA: National Bureau of Economic Research, June 2013. http://dx.doi.org/10.3386/w19118.

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Gibbons, Robert, and Michael Waldman. A Theory of Wage and Promotion Dynamics in Internal Labor Markets. Cambridge, MA: National Bureau of Economic Research, March 1998. http://dx.doi.org/10.3386/w6454.

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Acemoglu, Daron. Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence. Cambridge, MA: National Bureau of Economic Research, July 1998. http://dx.doi.org/10.3386/w6658.

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Kline, Patrick, and Andres Santos. Sensitivity to Missing Data Assumptions: Theory and An Evaluation of the U.S. Wage Structure. Cambridge, MA: National Bureau of Economic Research, February 2010. http://dx.doi.org/10.3386/w15716.

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Florez, Luz A., Ligia Melo-Becerra, and Carlos Esteban Posada. Estimating the reservation wage across city groups in Colombia: A stochastic frontier approach. Banco de la República de Colombia, June 2021. http://dx.doi.org/10.32468/be.1163.

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We use the stochastic frontier approach to estimate the reservation wage across different city groups in Colombia. We use the information of GEIH from 2008-2019 of 23 urban cities. We find empirical evidence in favour of the search theory predictions that suggest a positive relation of the reservation wage with the level of education and with the net family labour income. We also find a gender gap in the reservation wage and explore this gap controlling by the level of education and presence of children in the household. Contrary to the results found in the literature, we find that the presence of children reduces the reservation wage of women and men. Finally, we found that the reservation wage increases with the level of development and productivity of the cities, however, qualified workers in low-quality cities present higher reservation wages than median quality cities.
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Henyey, Frank S. Internal Wave Theory, Modeling and Theory of the Internal Wave Field. Fort Belvoir, VA: Defense Technical Information Center, April 1995. http://dx.doi.org/10.21236/ada300337.

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