2 documents found
Book
All rights reserved
2020
Trade Liberalization, Monitoring and Wages
This paper incorporates fficiency wages into a model of trade and technology adoption with heterogeneous firms. Worker effort is imperfectly observed by firms. How accurately workers are monitored depends on the monitoring technology a firm adopts. Firms have a binary choice between adopting a basic…
Hagen: FernUniversität in Hagen, 2020
Book
All rights reserved
2011
Trade and unemployment with heterogeneous firms : how good jobs are lost
This paper incorporates shirking-based e±ciency wages into a heterogeneous ¯rm model
of international trade in which ¯rms di®er in monitoring ability. In equilibrium ¯rms abler
in monitoring ask greater worker e®ort and therefore have an edge in productivity over less
able competitors while all of…
Hagen: FernUniversität in Hagen, 2011