efficiency wage
1Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …
2Efficiency Movement — Part of the Politics series on Progressivism Schools American Progressivism Modern liberalism Progressive education Ideas Anti racism Civil liberties …
3wage and salary — ▪ economics Introduction income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …
4Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …
5labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …
6Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …
7List of economics topics — This aims to be a complete list of the articles on economics. It does not include articles about economists, who are listed in the list of economists. NOTOC A * Accounting Accounting reform Actuary Adaptive expectations Adverse selection Agent… …
8George Akerlof — Infobox Scientist name = George Akerlof image size = 180px birth date = Birth date and age|1940|6|17|mf=y birth place = New Haven, Connecticut nationality = United States field = Economics work institution = Cal Berkeley alma mater = MIT (Ph.D.)… …
9Topic outline of economics — For a more comprehensive list, see the List of economics topics. Economics, is the social science that studies the production, distribution, and consumption of resources. By extension, economics also studies economies, the creation and… …
10Outline of economics — The following outline is provided as an overview of and topical guide to economics: Economics – analyzes the production, distribution, and consumption of goods and services. It aims to explain how economies work and how economic agents interact.… …
