Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension
Titas Kumar Bandopadhyay
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper introduces efficiency wage relation and assumes endogenous job destruction in the benchmark DMP model. A comparative static analysis has also been made which shows that most of the results obtained in the DMP model get altered in the extended model
Keywords: Efficiency wage; job destruction (search for similar items in EconPapers)
JEL-codes: J2 J20 J24 (search for similar items in EconPapers)
Date: 2014-10-29
New Economics Papers: this item is included in nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:59564
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