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- W2378876435 abstract "Through analyzing an optimal programming model, this paper finds that there do not exist such problems as overstaff and rigid staff wage from the total number of government staff. Yet, with experience wage institution, the government, on its optimal-decision, has gone into overstaffed and low-efficiency situation from staff construction. With government optimal-decision, experience wage will enforce the wage rigidity, distort the labor demand curve: staff wage will increase with their number. So such phenomena as overstaff, low efficiency, and high wage cost co-exist. Thus, the current wage institution purely based on experience is the key reason for government shortcomings. In conclusion, restructuring staff wage institution should be the focus of monopoly government's reform." @default.
- W2378876435 created "2016-06-24" @default.
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- W2378876435 date "2005-01-01" @default.
- W2378876435 modified "2023-09-24" @default.
- W2378876435 title "Economics Explanation on Overstaffed & Rigid-wage Monopoly Government" @default.
- W2378876435 hasPublicationYear "2005" @default.
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