WAGES DETERMINATION

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7 Terms

1
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Natural Wage Theory (David Ricardo)

Upah ditentukan oleh keseimbangan demand = supply

2
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Iron Wage Theory (Ferdinand Lasalle)

Upah harus dijaga pada tingkat serendah mungkin karena menjamin surplus pasokan tenaga kerja

3
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Ethical Wage Theory

Upah harus ditentukan oleh pertimbangan etika

4
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Efficiency Wage Theory (Joseph E. Stiglitz)

Membayar lebih tinggi pekerja terampil dari upah pasar untuk mempertahankan, meningkatkan produktivitas, dan memastikan loyalitas

5
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Natural Wage Theory

David Ricardo

6
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Iron Wage Theory

Ferdinand Lasalle

7
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Efficiency Wage Theory

Joseph E. Stiglitz