The price of worker reliability

Melvyn G. Coles, John G. Treble

Research output: Contribution to journalArticle

Abstract

Worker absenteeism is costly to firms that use assembly line production processes. This paper shows why an assembly line firm may prefer to pay higher average wages and reduce sick pay entitlement relative to firms with constant returns.

Original languageEnglish (US)
Pages (from-to)149-155
Number of pages7
JournalEconomics Letters
Volume41
Issue number2
DOIs
StatePublished - 1993

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ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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