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| François-Charles Wolff, Mohamed Jellal and Khaled Bouabdallah |
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| ''Unemployment and work sharing in an efficiency wage model'' |
| ( 2004, Vol. 10 No.3 ) |
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| This paper accounts for work sharing and unemployment in an efficiency wage model. The Solow condition holds when working hours are exogenous. Under the assumption of endogeneity and using general forms for the effort and cost functions, we prove that work sharing may have a reducing impact on unemployment. |
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| Keywords: efficiency wage |
JEL: J4 - Particular Labor Markets: General
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| Manuscript Received : Apr 11 2004 | | Manuscript Accepted : Apr 12 2004 |
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