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Efficiency-wage Hypothesis and the Operational Production Pattern
An economy’s production set is the collection of all net output vectors that the economy is capable of producing with a given technology and fixed quantities of primary factors of production. The boundary of this set is called the production possibility frontier or PPF. We show that, if the efficien...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 46-2011) |
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| Autoren: | , |
| Format: | Arbeit |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2011
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| Schlagworte: | |
| Online-Zugang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics