Lecture 10: Hiring Risky Workers
Lecture 11: Wage Setting—Monopsony Models
Cappelli, Peter, and Keith Chauvin. "An interplant test of the efficiency wage hypothesis." The Quarterly Journal of Economics 106, no. 3 (1991): 769-787.
Lazear, Edward P., Kathryn L. Shaw, and Christopher Stanton. "Making do with less: working harder during recessions." Journal of Labor Economics 34, no. S1 (2016): S333-S360.
Pallais, Amanda, and Emily Glassberg Sands. "Why the referential treatment? Evidence from field experiments on referrals." Journal of Political Economy 124, no. 6 (2016): 1793-1828.
Raff, Daniel MG, and Lawrence H. Summers. "Did Henry Ford pay efficiency wages?." Journal of Labor Economics 5, no. 4, Part 2 (1987): S57-S86.
Chapter 13: Risky versus Safe Workers
Chapter 17: Setting Pay Levels—Monopsony Models