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Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension

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  • Bandopadhyay, Titas Kumar

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

Suggested Citation

  • Bandopadhyay, Titas Kumar, 2014. "Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension," MPRA Paper 59564, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:59564
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    References listed on IDEAS

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    More about this item

    Keywords

    Efficiency wage; job destruction;

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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