Economics of Wage Determination (Softcover Reprint of the Original 1st 1990)

The volume focuses on major theories of wage determination like the efficiency wage theories and the contract theory. The empirically oriented papers concentrate on the wage determination process in Europe, Japan and the United States and provide insights into the validity of the wage determination theories for these countries. The role of non-monetary benefits from work as well as search of labor supply are further important topics covered by the volume.