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Alternative Theories of Wage Determination and Unemployment in LDC's: The Labor Turnover Model

Joseph E. Stiglitz

Title:
Alternative Theories of Wage Determination and Unemployment in LDC's: The Labor Turnover Model
Author(s):
Stiglitz, Joseph E.
Date:
Type:
Articles
Department:
Business
Volume:
88
Permanent URL:
Book/Journal Title:
Quarterly Journal of Economics
Abstract:
I. Introduction, 194.--II. The model, 196.--III. The market equilibrium, 205.--IV. Optimal allocation of labor and determination of urban wage level, 207.--V. Wage subsidies, 214.--VI. Wages and shadow price of labor in the public sector, 218.--VII. Urban income taxes, 220.--VIII. Concluding comments and summary, 222.--Appendix: "nominal" and "expected" urban wages and the unemployment rate, 223.
Subject(s):
Economics
Publisher DOI:
10.2307/1883069
Item views:
188
Metadata:
text | xml

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