Talk:Efficiency wage

message: Another criticism of the Shapiro Stiglitz model (and to some extent efficiency wage models in general) is that one of the conclusions of the model(s) is that technological progress/exogenous productivity growth would push unemployment down to zero which is not what happens in the real world (as far as this goes the "natural rate" or "Nairu" idea fares much better). radek 06:36, 3 February 2006 (UTC)
thread_title: Another criticism

message: This wage model implies that a worker's performance at work is proportional to the ratio of their actual wage to their subjectively-assessed "proper" wage. In other words, a person who feels undervalued won't work as hard, and contrariwise, a person who feels overvalued must work harder (at least to a point). If true, this would tie in to the pygmalion effect. --76.217.95.43 (talk) 08:19, 24 February 2008 (UTC)
thread_title:  Implications 

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*Reference : Guerrazzi, Marco, 2015. "Increasing returns in matching and labour market dynamics: Comments on indeterminacy and search theory," MPRA Paper 61947, University Library of Munich, Germany.
ExpertIdeasBot (talk) 18:40, 27 June 2016 (UTC)
thread_title:  Dr. Guerrazzi's comment on this article 

message: Dr. Baert has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
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*Reference : Baert, Stijn & Verhaest, Dieter, 2014. "Unemployment or Overeducation: Which is a Worse Signal to Employers?," IZA Discussion Papers 8312, Institute for the Study of Labor (IZA).
ExpertIdeasBot (talk) 20:29, 1 July 2016 (UTC)
thread_title:  Dr. Baert's comment on this article 

message: Dr. Holden has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
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*Reference : Steinar Holden & Fredrik Wulfsberg, 2009. "Wage rigidity, institutions, and inflation," Working Paper 2009/02, Norges Bank.
ExpertIdeasBot (talk) 18:53, 26 July 2016 (UTC)
thread_title:  Dr. Holden's comment on this article 

message: Dr. Schlicht has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
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*Reference 1: Schlicht, Ekkehart, 2011. "Wage Setting in Modern Labor Markets: Neither Fair Nor Efficient," IZA Policy Papers 26, Institute for the Study of Labor (IZA).
*Reference 2: Schlicht, Ekkehart, 2007. "Wage Dispersion and Overqualification as Entailed by Reder Competition," Discussion Papers in Economics 1976, University of Munich, Department of Economics.
ExpertIdeasBot (talk) 11:27, 22 December 2016 (UTC)
thread_title:  Dr. Schlicht's comment on this article