Alternative Theories of Wage Determination and Unemployment in LDC's: The Labor Turnover Model
Joseph E. Stiglitz
The Quarterly Journal of Economics, 1974, vol. 88, issue 2, pages 194-227
I. Introduction, 194. — II. The model, 196. — III. The market equilibrium, 205. — IV. Optimal allocation of labor and determination of urban wage level, 207. — V. Wage subsidies, 214. — VI. Wages and shadow price of labor in the public sector, 218. — VII. Urban income taxes, 220. — VIII. Concluding comments and summary, 222. — Appendix: "nominal" and "expected" urban wages and the unemployment rate, 223.
References: Add references at CitEc
Citations View citations in EconPapers (14) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:oup:qjecon:v:88:y:1974:i:2:p:194-227.
Access Statistics for this article
The Quarterly Journal of Economics is currently edited by Robert J. Barro, Elhanan Helpman, Lawrence F. Katz and Andrei Schleifer
More articles in The Quarterly Journal of Economics from Oxford University Press
Series data maintained by Oxford University Press ().