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  • Mar 2, 2009, 04:53 AM
    Tanim
    What is efficiency wage theory?
    I'm searching for the answer of question of Macro economics that is "what is efficiency wage theory? Its classification, description with example".
  • Mar 2, 2009, 09:32 PM
    ROLCAM

    Please find time to study these references:-

    What is Efficiency Wage Theory (and why it matters)
    A discussion of an economic theory that potentially could both increase wages but at the same time also increase profits for firms.

    http://www.americafront.com/news/23/...nd_why_it_matt...

    What is Efficiency Wage Theory (and why it matters)


    Efficiency wages - Wikipedia, the free encyclopedia
    10 Jan 2009... Sociological theories: efficiency wages may result from traditions. Akerlof's theory (in very simple terms) involves higher wages...

    en.wikipedia.org/wiki/Efficiency_wages

    Efficiency wages - Wikipedia, the free encyclopedia
    Efficiency wage theory, labormarkets, and adjustment



    Downloadable! Conventional labor theory argues that wages are determined by the interaction of labor supply and demand. Policy analysis on wage rigidity has...

    ideas.repec.org/p/wbk/wbrwps/731.html

    Efficiency wage theory, labormarkets, and adjustment
    Efficiency Wage Theory



    Fully searchable and cross-referenced information about Efficiency Wage Theory from The Probert Encyclopaedia.

    Efficiency Wage Theory...

    http://www.probertencyclopaedia.com/cgi-bin/res.pl?



    keyword=Efficiency+Wage+Theory&offset=0
    How to Prove that Efficiency Wage Theory Facilitates Unemployment...
    How to Prove that Efficiency Wage Theory Facilitates Unemployment. This article shows readers how efficient wage theory facilitates unemployment in many...

    http://www.ehow.com/how_2167579_effi...nemployment.ht...

    How to Prove that Efficiency Wage Theory Facilitates Unemployment | eHow.com



    Efficiency wage theory, labor markets, and adjustment
    The three central macroeconomic implications of efficiency wage theory are : 1) there is an equilibrium "natural" level of open unemployment, which differs...

    econ.worldbank.org/external/default/main?pagePK=64165259&theSitePK=469372&p...

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