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Dual Labor Markets And Strategic Efficiency Wage

Authors :
Jellal, Mohamed
Wolff, Francois-Charles
Source :
International Economic Journal; October 2003, Vol. 17 Issue: 3 p99-112, 14p
Publication Year :
2003

Abstract

We consider a dual labor markets model in which the primary sector requires the presence of eMiciency wage, while the secondary sector is competitive. We show that the Solow condition does not hold in a Stackelberg equilibrium where the primary sector acts as a leader and the secondary one as a follower.[J41]

Details

Language :
English
ISSN :
10168737 and 1743517X
Volume :
17
Issue :
3
Database :
Supplemental Index
Journal :
International Economic Journal
Publication Type :
Periodical
Accession number :
ejs11320386
Full Text :
https://doi.org/10.1080/10168730300000006