Skip to main navigation Skip to search Skip to main content

A dynamic efficiency wage model with learning by doing

Research output: Contribution to journalArticleResearchpeer-review

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

Cite this