Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension

Bandopadhyay, Titas Kumar (2014): Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension.

Abstract

This paper introduces efficiency wage relation and assumes endogenous job destruction in the benchmark DMP model. A comparative static analysis has also been made which shows that most of the results obtained in the DMP model get altered in the extended model

• Item Type: MPRA Paper
• Language: English
• Keywords: Efficiency wage, job destruction
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity

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