preprint
Firm level evidence of efficiency wages and labour turnover in Colombia's manufacturing industry
Autor
Guataqui, Juan Carlos
Taborda, Rodrigo
Institución
Resumen
Working on data of 1241 incumbent firms of the Colombian manufacturing insdustry this paper test the hypothesis proposed in models relating turnover and efficiency wage theory. We find evidence of a substancial number of firms paying wages above the industry average and its effect on turn in firms employment.