Riveros, Luix A. <br/><br/>
Efficency Wage Theory, Labour Markets and Adjustment. 

 - Washington :  World Bank,  1991. 
<br/><br/> The paper analyses efficiency wage theory, labour markets and adjustment. Efficiency wage theory entails wages (and hence labour markets) maybe unresponsive to typical macroeconomic policies that seek lower real wages, change resource allocation and reduce unemployment. 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Employment.<br/>Employment policy -- Manpower planning -- Employment.--Employment policy -- Manpower planning -- Employment.--Employment policy -- Manpower planning -- Employment.