KnowraEfficiency wageLinked fromLinked fromThe 11 pages that link to Efficiency wage, each with the reason it gives.All 11Related 4Compared with 7Labor marketCompared with: Employers may deliberately pay more than a simple supply-and-demand account predicts.Labor market segmentationCompared with: Efficiency wages can produce unequal job conditions without requiring separate labor market sectors.WagesCompared with: It challenges the assumption that employers always minimize wages.Christopher A. PissaridesCompared with: Efficiency-wage models offer a different mechanism for persistent unemployment than search frictions.Dale T. MortensenCompared with: Efficiency-wage theories explain unemployment through firms’ wage choices rather than search and matching alone.Iron law of wagesCompared with: It shows why employers may pay more than subsistence without the wage immediately falling.Labour economicsCompared with: It challenges the idea that lowering wages always increases employers’ desired employment.