Work Schedules, Wages and Employment in a General Equilibrium Model with Team Production

Terry Fitzgerald

Review of Economic Dynamics, 1998, vol. 1, issue 4, 809-834

Abstract: This paper provides a prototype general equilibrium model of team production. Team production refers to production processes which require that the work schedules of heterogeneous workers be closely coordinated. The key innovation in the framework is that the work schedules, wages, and employment of heterogeneous workers are endogenously determined in the presence of team production. I demonstrate the potential importance of modeling team production through a quantitative example. (Copyright: Elsevier)

JEL-codes: E23 J20 (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (16)

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Working Paper: Work schedules, wages, and employment in a general equilibrium model with team production (1996)
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DOI: 10.1006/redy.1998.0026

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