効率賃金仮説と非自発的失業

URI http://harp.lib.hiroshima-u.ac.jp/hbg/metadata/11416
File
Title
効率賃金仮説と非自発的失業
Title Alternative
Efficiency Wage Hypothesis and Involuntary Unemployment
Author
氏名 大槻 智彦
ヨミ オオツキ トモヒコ
別名 Otsuki Tomohiko
Description

Keynes' relative wage theory has been a strong influence on today's theory which explains the downward rigidity of nominal wage. However, the relative wage theory explains why employees resist underbid of wages in depression, but does not clarify the reason why employers do not cut wages taking advantage of the buyers' market. Also, this theory does not touch the reason why people who lost their jobs do not offer lower wage rate. Theories of involuntary unemployment which have been developed newly in the 1989s strengthen these points and devise their ideas aiming at generalization. These new Keynesians intended to reconstruct the efficiency wage hypothesis proposed by Yellen, J and Shariro = Stigliitz and succeeded in deriving moral hazard based on this hypothesis in order to explain the rigidity of real wages. An important point of the efficiency wage theory lies in that productivity depends on wages. This point was first stressed by the literature on economic development. For employees in developing countries, wages determine their nutrition and are a source of energy for works. One of examples is a concept of the level of the subsistence-wage. But, the new theory advocated by Shapiro = Stiglitz is thought to be applicable even to advanced countries.

Journal Title
広島文化女子短期大学紀要
Volume
30
Spage
17
Epage
23
Published Date
1997-09-30
Publisher
広島文化女子短期大学
ISSN
09137068
NCID
AN00213869
Language
jpn
NIIType
Departmental Bulletin Paper
Text Version
出版社版
Old URI
Set
hbg