Efficiency Wages and Effort: Are Hard Jobs Better?
8 Pages Posted: 31 Jan 2003
Date Written: December 2002
Abstract
Efficiency wage theory predicts that the wage per unit of effort will be lower in intensively monitored sectors. This wage differential will increase in effort. Using employer-employee matched data from Ghana we provide evidence supporting this hypothesis.
Keywords: Efficiency Wages, Monitoring
JEL Classification: J41
Suggested Citation: Suggested Citation
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