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Title: |
Dual Labor Markets and Strategic Efficiency
Wage |
| Author: |
Jellal,
Mohamed; Wolff, Francois-Charles |
| Author
Affiliation: |
ESC Toulouse
and Conseils-Eco; LEN-CEBS, U Nantes and CNAV and INED, Paris |
| Source: |
International Economic Journal, Autumn 2003, v. 17, no. 3, pp. 99-112 |
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Publication Date: |
Autumn 2003 |
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Abstract: |
We consider a
dual labor markets model in which the primary sector requires the
presence of efficiency wage, while the secondary sector is competitive.
We show that the Solow condition does not hold in a Stackelberg
equilibrium where the primary sector acts as a leader and the secondary
one as a follower. |
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