Efficiency Wages,Productivity and Simultaneity: A Meta-Regression Analysis |
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| Authors: | Eric Krassoi Peach T. D. Stanley |
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| Affiliation: | (1) Department of Economics, Hendrix College, 1600 Washington St., Conway, AR, USA;(2) New Zealand Department of Labour, 56 The Terrace, PO Box 3705, Wellington, New Zealand |
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| Abstract: | ![]()
This study reports a meta-analysis of 75 estimates of the efficiency-wage effect. It reveals a strong efficiency-wage effect that depends upon whether researchers control for potential simultaneity between wages and productivity. Studies that control for simultaneity tend to report stronger effects. Clear evidence of publication selection is also found. E24, J30. |
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| Keywords: | Efficiency wages Productivity Meta-regression analysis Publication selection Simultaneity |
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