Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:assumes |
firms set wages above market-clearing level
higher wages increase worker effort |
| gptkbp:describes |
relationship between wages and worker productivity
|
| gptkbp:explains |
involuntary unemployment
|
| gptkbp:field |
labor economics
|
| gptkbp:focusesOn |
worker effort function
|
| https://www.w3.org/2000/01/rdf-schema#label |
Solow efficiency wage model
|
| gptkbp:influenced |
modern labor market theory
|
| gptkbp:predicts |
persistent unemployment
|
| gptkbp:proposedBy |
gptkb:Robert_Solow
|
| gptkbp:publishedIn |
gptkb:American_Economic_Review
|
| gptkbp:relatedTo |
gptkb:Shapiro-Stiglitz_model
efficiency wage theory |
| gptkbp:yearProposed |
1979
|
| gptkbp:bfsParent |
gptkb:Shapiro–Stiglitz_efficiency_wage_model
|
| gptkbp:bfsLayer |
6
|