A dynamic efficiency wage model with learning by doing

Mohamed Jellal () and Yves Zenou

MPRA Paper from University Library of Munich, Germany

Abstract: We propose a dynamic efficiency wage model with learning by doing. By taking into account the change inthe stock of workers’ knowledge, firms set efficiency wages such that the effort–wage elasticity is not in general equal to one.

Keywords: Solow condition; Effort function; Learning (search for similar items in EconPapers)
JEL-codes: C61 J41 (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38513

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