Jan Průša

Latest work

Efficiency Wages and Involuntary Unemployment Revisited

07/30/2014 Quarterly Journal of Austrian Economics Pavel Ryska Jan Průša

Volume 15, No. 3 (Fall 2012) In this paper we tackle two shortcomings of the present efficiency wage models. Firstly, they do not fully account for labor heterogeneity, thus implying that high-effort...

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