Profitability, investment, and efficiency wages
type: Item
instance of: scholarly article
title: Profitability, investment, and efficiency wages
zbMATH Open document ID: 1152.91659
DOI: 10.1155/JAMDS.2005.201
author: João Ricardo Faria
published in: Journal of Applied Mathematics and Decision Sciences
publication date: 2008-11-20T00:00:00Z
full work available at URL: https://eudml.org/doc/129507
review text: Summary: We examine a model that blends the neoclassical theory of investment with an intertemporal efficiency wage model with turnover costs. Investment decisions in capital are associated with the allocation of labor and the determination of efficiency wages. The model relates Tobin's \(q\) to efficiency wages and, in particular, to the Solow condition. It provides a general framework to analyze firm's intertemporal choices of capital, labor and efficiency wages.
Mathematics Subject Classification ID: 91B62
Mathematics Subject Classification ID: 91B28
Mathematics Subject Classification ID: 49N90
zbMATH DE Number: 5369101
MaRDI profile type: Publication
OpenAlex ID: W1972326077
description: scientific article; zbMATH DE number 5369101