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Title:
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Economics of wage determination
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Authors:
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Heinz König, Editor
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Publisher:
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Berlin : Springer-Verlag, 1990
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Series:
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Studies in contemporary economics
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ISBN (or other code):
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978-3-540-52324-6
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Size:
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1 vol. (X-373 pages) / 25 cm
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Languages:
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English
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Descriptors:
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[Eurovoc] ECONOMICS > economic analysis > economic analysis > macroeconomics
[Eurovoc] EMPLOYMENT AND WORKING CONDITIONS > personnel management and staff remuneration > pay policy > wage determination
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Abstract:
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Theories of wage determination play an important role in the microeconomic foundation of macroeconomics and help to get a better understanding of labor market phenomena at the macro-level. This book offers a comprehensive survey on major theories of wage determination like the efficiency wage theories and the contract theories. The empirically oriented papers concentrate on the wage determination process in Europe, Japan and the United States and provide insights into the validity of wage determination theories for these countries. The role of non-monetary benefits from work (e.g. job quality and job characteristics) as well as search aspects of labor supply are further topics. This volume not only provides a survey on the state of the art but may also serve as a text for university courses on labor economics, macroeconomics and applied econometrics.
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