2 Dokumente gefunden

Buch (Monographie)
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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
Buch (Monographie)
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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