A dynamic efficiency wage model with learning by doing

Mohamed Jellal, Yves Zenou

Research output: Contribution to journalArticleResearchpeer-review

8 Citations (Scopus)

Abstract

We propose a dynamic efficiency wage model with learning by doing. By taking into account the change in the stock of workers' knowledge, firms set efficiency wages such that the effort-wage elasticity is not in general equal to one.

Original languageEnglish
Pages (from-to)99-105
Number of pages7
JournalEconomics Letters
Volume66
Issue number1
DOIs
Publication statusPublished - Jan 2000
Externally publishedYes

Keywords

  • Effort function
  • J41
  • Learning by doing
  • Solow condition

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