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The Determination of Daily Hours and Wages

The Determination of Daily Hours and Wages Abstract I. The general framework, 220. — II. Productivity changes and nonlabor income, 225. — III. Overtime, 227. — IV. The effect of training, 228. — V. Minimum wage and wage ceiling, 230. — VI. Some aspects of market demand and supply, 233. — VII. Concluding remarks, 234. — Appendix, 234. * I acknowledge deep gratitude to H. Gregg Lewis, who generously extended himself to provide me with his unpublished work in the area, from which I benefited greatly. My basic approach is similar to Lewis's, but the difference in emphasis and detail is such that full responsibility is mine for any errors in this paper. I am indebted to John E. Floyd, to Roger L. Miller, and to Jacob Mincer for their comments. Finally, the paper is greatly improved in presentation and in substance due to Sherwin Rosen's painstaking suggestions. I did some of the work on this paper while visiting at University College London, supported by a Ford Foundation Fellowship. This content is only available as a PDF. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Quarterly Journal of Economics Oxford University Press

The Determination of Daily Hours and Wages

The Quarterly Journal of Economics , Volume 87 (2) – May 1, 1973

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Publisher
Oxford University Press
ISSN
0033-5533
eISSN
1531-4650
DOI
10.2307/1882185
Publisher site
See Article on Publisher Site

Abstract

Abstract I. The general framework, 220. — II. Productivity changes and nonlabor income, 225. — III. Overtime, 227. — IV. The effect of training, 228. — V. Minimum wage and wage ceiling, 230. — VI. Some aspects of market demand and supply, 233. — VII. Concluding remarks, 234. — Appendix, 234. * I acknowledge deep gratitude to H. Gregg Lewis, who generously extended himself to provide me with his unpublished work in the area, from which I benefited greatly. My basic approach is similar to Lewis's, but the difference in emphasis and detail is such that full responsibility is mine for any errors in this paper. I am indebted to John E. Floyd, to Roger L. Miller, and to Jacob Mincer for their comments. Finally, the paper is greatly improved in presentation and in substance due to Sherwin Rosen's painstaking suggestions. I did some of the work on this paper while visiting at University College London, supported by a Ford Foundation Fellowship. This content is only available as a PDF.

Journal

The Quarterly Journal of EconomicsOxford University Press

Published: May 1, 1973

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