EconPapers    
Economics at your fingertips  
 

Nutrition, Dependants and the Mode of Wage Payment

Manash Gupta ()

Oxford Economic Papers, 1989, vol. 41, issue 4, 737-48

Abstract: This paper develops a model based on the "consumption efficiency" hypothesis of H. Leibenstein (1957) and shows the following: (1) it is profitable for the employer to pay the workers a combination of cash and meals, rather than to pay only in cash, when the workers have dependants; (2) the possibility of an excess applicant's equilibrium does not arise in this case; (3) the unit cost of labor (in efficiency units) is minimized in equilibrium; and (4) the proportions of wage payment in the form of meals falls as the worker's expected income from alternative employment rises. Copyright 1989 by Royal Economic Society.

Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://links.jstor.org/sici?sici=0030-7653%2819891 ... 0.CO%3B2-Q&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxecpp:v:41:y:1989:i:4:p:737-48

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Oxford Economic Papers is currently edited by James Forder and Francis J. Teal

More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2025-03-19
Handle: RePEc:oup:oxecpp:v:41:y:1989:i:4:p:737-48