{"id":"https://openalex.org/W2028018145","doi":"https://doi.org/10.1016/j.rie.2006.03.001","title":"Involuntary unemployment, macroeconomic policy, and a behavioral model of the firm: Why high real wages need not cause high unemployment","display_name":"Involuntary unemployment, macroeconomic policy, and a behavioral model of the firm: Why high real wages need not cause high unemployment","publication_year":2006,"publication_date":"2006-06-01","ids":{"openalex":"https://openalex.org/W2028018145","doi":"https://doi.org/10.1016/j.rie.2006.03.001","mag":"2028018145"},"language":"en","primary_location":{"id":"doi:10.1016/j.rie.2006.03.001","doi":"https://doi.org/10.1016/j.rie.2006.03.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.rie.2006.03.001","pdf_url":null,"source":{"id":"https://openalex.org/S156260212","display_name":"Research in Economics","issn_l":"0035-5054","issn":["0035-5054","1090-9443","1090-9451","1096-1143"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Research in Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1137304","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5050843984","display_name":"Morris Altman","orcid":"https://orcid.org/0000-0002-6779-6547","observed_orcids":["https://orcid.org/0000-0002-6779-6547"]},"institutions":[{"id":"https://openalex.org/I32625721","display_name":"University of Saskatchewan","ror":"https://ror.org/010x8gc63","country_code":"CA","type":"education","lineage":["https://openalex.org/I32625721"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"Morris Altman","raw_affiliation_strings":["Department of Economics, University of Saskatchewan, 9 Campus Drive, Saskatoon, SK, Canada S7N 5A5"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, University of Saskatchewan, 9 Campus Drive, Saskatoon, SK, Canada S7N 5A5","institution_ids":["https://openalex.org/I32625721"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5050843984"],"corresponding_institution_ids":["https://openalex.org/I32625721"],"apc_list":{"value":2950,"currency":"USD","value_usd":2950},"apc_paid":null,"fwci":2.6886,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.91961701,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"60","issue":"2","first_page":"97","last_page":"111"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.48410001397132874,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.48410001397132874,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.3416000008583069,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.09640000015497208,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/involuntary-unemployment","display_name":"involuntary unemployment","score":0.996999979019165},{"id":"https://openalex.org/keywords/real-wages","display_name":"real wages","score":0.9210000038146973},{"id":"https://openalex.org/keywords/efficiency-wages","display_name":"efficiency wages","score":0.8489999771118164},{"id":"https://openalex.org/keywords/labor-productivity","display_name":"labor productivity","score":0.7509999871253967},{"id":"https://openalex.org/keywords/working-conditions","display_name":"working conditions","score":0.7990000247955322},{"id":"https://openalex.org/keywords/demand-management","display_name":"demand management","score":0.8050000071525574},{"id":"https://openalex.org/keywords/full-employment","display_name":"full employment","score":0.6050000190734863},{"id":"https://openalex.org/keywords/wage-cuts","display_name":"wage cuts","score":0.39100000262260437},{"id":"https://openalex.org/keywords/keynesian-economics","display_name":"Keynesian economics","score":0.5889999866485596}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8809430599212646},{"id":"https://openalex.org/C6968784","wikidata":"https://www.wikidata.org/wiki/Q1193835","display_name":"Efficiency wage","level":3,"score":0.7724611163139343},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.7604438066482544},{"id":"https://openalex.org/C2777885895","wikidata":"https://www.wikidata.org/wiki/Q1932544","display_name":"Real wages","level":3,"score":0.6810451745986938},{"id":"https://openalex.org/C2776589375","wikidata":"https://www.wikidata.org/wiki/Q1876068","display_name":"Microfoundations","level":2,"score":0.6563655734062195},{"id":"https://openalex.org/C2777388388","wikidata":"https://www.wikidata.org/wiki/Q6821213","display_name":"Wage","level":2,"score":0.6061082482337952},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.6001061797142029},{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.5524215698242188},{"id":"https://openalex.org/C2781300812","wikidata":"https://www.wikidata.org/wiki/Q178061","display_name":"Shock (circulatory)","level":2,"score":0.53493732213974},{"id":"https://openalex.org/C68286588","wikidata":"https://www.wikidata.org/wiki/Q384136","display_name":"Full employment","level":3,"score":0.4975326359272003},{"id":"https://openalex.org/C10688316","wikidata":"https://www.wikidata.org/wiki/Q936174","display_name":"New Keynesian economics","level":3,"score":0.4567580819129944},{"id":"https://openalex.org/C202063016","wikidata":"https://www.wikidata.org/wiki/Q634028","display_name":"Marginal product","level":3,"score":0.4554266035556793},{"id":"https://openalex.org/C150566966","wikidata":"https://www.wikidata.org/wiki/Q1974357","display_name":"Demand shock","level":2,"score":0.44048455357551575},{"id":"https://openalex.org/C203379541","wikidata":"https://www.wikidata.org/wiki/Q1801078","display_name":"Aggregate demand","level":3,"score":0.4319293200969696},{"id":"https://openalex.org/C2776318286","wikidata":"https://www.wikidata.org/wiki/Q16963850","display_name":"Technology shock","level":4,"score":0.41038748621940613},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.268765389919281},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2361454963684082},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.17421910166740417},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.11962249875068665},{"id":"https://openalex.org/C489367","wikidata":"https://www.wikidata.org/wiki/Q1962064","display_name":"Dynamic stochastic general equilibrium","level":3,"score":0.11350259184837341},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.rie.2006.03.001","doi":"https://doi.org/10.1016/j.rie.2006.03.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.rie.2006.03.001","pdf_url":null,"source":{"id":"https://openalex.org/S156260212","display_name":"Research in Economics","issn_l":"0035-5054","issn":["0035-5054","1090-9443","1090-9451","1096-1143"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Research in Economics","raw_type":"journal-article"},{"id":"pmh:oai:discovery.dundee.ac.uk:openaire_cris_publications/692cf939-fdcb-4051-9588-636f67686507","doi":null,"is_oa":false,"landing_page_url":"https://discovery.dundee.ac.uk/en/publications/692cf939-fdcb-4051-9588-636f67686507","pdf_url":null,"source":{"id":"https://openalex.org/S4306400523","display_name":"Discovery Research Portal (University of Dundee)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I177639307","host_organization_name":"University of Dundee","host_organization_lineage":["https://openalex.org/I177639307"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Altman, M 2006, 'Involuntary unemployment, macroeconomic policy, and a behavioral model of the firm : Why high real wages need not cause high unemployment', Research in Economics, vol. 60, no. 2, pp. 97-111. https://doi.org/10.1016/j.rie.2006.03.001","raw_type":"info:eu-repo/semantics/article"},{"id":"mag:3123781124","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1137304","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:eee:reecon:v:60:y:2006:i:2:p:97-111","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1090-9443(06)00009-3","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"mag:3123781124","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1137304","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.9211000204086304}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":93,"referenced_works":["https://openalex.org/W6725099","https://openalex.org/W40048283","https://openalex.org/W179882700","https://openalex.org/W279435525","https://openalex.org/W579963704","https://openalex.org/W621008106","https://openalex.org/W624075817","https://openalex.org/W649697317","https://openalex.org/W658448543","https://openalex.org/W1484459495","https://openalex.org/W1486993794","https://openalex.org/W1488766129","https://openalex.org/W1521709663","https://openalex.org/W1543362124","https://openalex.org/W1545462956","https://openalex.org/W1558177242","https://openalex.org/W1559752459","https://openalex.org/W1566858326","https://openalex.org/W1574015943","https://openalex.org/W1578703982","https://openalex.org/W1582484391","https://openalex.org/W1589168661","https://openalex.org/W1599117349","https://openalex.org/W1669446470","https://openalex.org/W1833433965","https://openalex.org/W1916092783","https://openalex.org/W1966190525","https://openalex.org/W1970827082","https://openalex.org/W1970857566","https://openalex.org/W1981410944","https://openalex.org/W1983670464","https://openalex.org/W1985033373","https://openalex.org/W1988995432","https://openalex.org/W1998961276","https://openalex.org/W2001866606","https://openalex.org/W2004746748","https://openalex.org/W2011923656","https://openalex.org/W2012901989","https://openalex.org/W2013860961","https://openalex.org/W2024810644","https://openalex.org/W2025339885","https://openalex.org/W2025432352","https://openalex.org/W2030351515","https://openalex.org/W2032646347","https://openalex.org/W2050906393","https://openalex.org/W2068723801","https://openalex.org/W2089930791","https://openalex.org/W2093079070","https://openalex.org/W2098674385","https://openalex.org/W2100545913","https://openalex.org/W2103432542","https://openalex.org/W2103745209","https://openalex.org/W2109269006","https://openalex.org/W2115654539","https://openalex.org/W2131264824","https://openalex.org/W2169976418","https://openalex.org/W2213436675","https://openalex.org/W2248994629","https://openalex.org/W2281000353","https://openalex.org/W2303304556","https://openalex.org/W2313392956","https://openalex.org/W2314722025","https://openalex.org/W2315888859","https://openalex.org/W2319837793","https://openalex.org/W2322947430","https://openalex.org/W2323266160","https://openalex.org/W2325525381","https://openalex.org/W2326527313","https://openalex.org/W2329705984","https://openalex.org/W2417874415","https://openalex.org/W2516054912","https://openalex.org/W2538573972","https://openalex.org/W2797062887","https://openalex.org/W2930103167","https://openalex.org/W2954224580","https://openalex.org/W3122803038","https://openalex.org/W3123019787","https://openalex.org/W3123711457","https://openalex.org/W3125279831","https://openalex.org/W4210464817","https://openalex.org/W4231329246","https://openalex.org/W4236254232","https://openalex.org/W4236308713","https://openalex.org/W4249906726","https://openalex.org/W4250424855","https://openalex.org/W4388113865","https://openalex.org/W4388184090","https://openalex.org/W6601657841","https://openalex.org/W6629479486","https://openalex.org/W6632651093","https://openalex.org/W6634310678","https://openalex.org/W6634770715","https://openalex.org/W6922000361"],"related_works":["https://openalex.org/W3032788856","https://openalex.org/W4233509134","https://openalex.org/W2482645146","https://openalex.org/W1978829408","https://openalex.org/W2485860618","https://openalex.org/W181717395","https://openalex.org/W2042018394","https://openalex.org/W2154752720","https://openalex.org/W3123792050","https://openalex.org/W2077643141"],"abstract_inverted_index":null,"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
