Tag: signalling game model
Analysis of wage distortion based on ability in China
While there has been a continual rise in the wages paid by China’s enterprises, the wage inequality gap has also increased. Dr Qiao Wang, from the Capital University of Economics and Business, Beijing, analyses wage distortion based on ability in the Chinese labour market. Her revised signalling model includes regressive wage incentives to describe the non-competitive Chinese labour market. She […]
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