Denna webbplats lagrar cookies i begränsad omfattning. Genom att besöka sidan, godkänner du villkoren i vår integritetspolicy. Läs mer

Scandinavian Journal of Economics

Theories of Pay and Unemployment: Survey Evidence from Swedish Manufacturing Firms

Tidskriftsartikel
Referens
Agell, Jonas och Per Lundborg (1995). ”Theories of Pay and Unemployment: Survey Evidence from Swedish Manufacturing Firms”. Scandinavian Journal of Economics 97(2), 295–307. doi.org/10.2307/3440530

Författare
Jonas Agell, Per Lundborg

An interview survey was designed to explore how personnel managers and senior wage negotiators respond to popular models of the labor market. As in Blinder and Choi (1990), our results indicate that relative wages and notions of fairness are important, and that this may explain nominal wage rigidity. We find much evidence of efficiency wage mechanisms. The reactions to some questions also point to theories based on rent-sharing. Moreover, while underbidding is not that uncommon, firms seem quite unwilling to hire underbidders. We also obtain indications of adverse selection problems.