Nutritional Efficiency Wages and Unemployment: Where's the Beef?. (2nd September 2014)
- Record Type:
- Journal Article
- Title:
- Nutritional Efficiency Wages and Unemployment: Where's the Beef?. (2nd September 2014)
- Main Title:
- Nutritional Efficiency Wages and Unemployment: Where's the Beef?
- Authors:
- Powell, Benjamin
Murphy, Ryan - Abstract:
- Abstract: We modify the standard nutritional efficiency wage model to allow for the fact that employers can directly provide calories to their workers rather than paying a higher wage to induce employees to spend more on their own caloric consumption. We derive the various theoretical outcomes that are possible depending on the assumptions about the transaction costs of directly providing calories. We argue that in most real‐world situations the ability of employers to directly provide calories undermines the traditional efficiency wage theory as a cause of equilibrium unemployment.
- Is Part Of:
- American journal of agricultural economics. Volume 97:Number 2(2015)
- Journal:
- American journal of agricultural economics
- Issue:
- Volume 97:Number 2(2015)
- Issue Display:
- Volume 97, Issue 2 (2015)
- Year:
- 2015
- Volume:
- 97
- Issue:
- 2
- Issue Sort Value:
- 2015-0097-0002-0000
- Page Start:
- 405
- Page End:
- 413
- Publication Date:
- 2014-09-02
- Subjects:
- Efficiency wages -- nutrition and economic development -- unemployment
Agriculture -- Economic aspects -- Periodicals
Agriculture -- Periodicals
338.105 - Journal URLs:
- http://ajae.oxfordjournals.org/ ↗
https://academic.oup.com/ajae ↗
https://onlinelibrary.wiley.com/journal/14678276 ↗
http://ukcatalogue.oup.com/ ↗ - DOI:
- 10.1093/ajae/aau072 ↗
- Languages:
- English
- ISSNs:
- 0002-9092
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 0820.950000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 17215.xml