Testing the shirking version of the efficiency wage model in Japanese electric-machinery firms: a panel data approach

Yoshitsugu Kitazawa and Makoto Ohta

Applied Economics Letters, 2002, vol. 9, issue 5, 335-338

Abstract: This paper investigates whether electric-machinery firms in Japan paid the efficiency wage to their employees after the Plaza Accord. The estimations are implemented using a dynamic formulation of the shirking version in the efficiency wage model. This formulation is developed by Machin and Manning (1992).

Date: 2002
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DOI: 10.1080/13504850110067478

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