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Title

THE MAIN FACTORS AFFECTING THE FAIR WAGE, IN AKERLOF’S

Pages

 Start Page 91 | End Page 117

Abstract

 Given the lack of comprehensive explanation about the effective factors of FAIR WAGES and a complete mismatch between LABOR Force and EMPLOYERS about that, in this paper we are trying to complete the missing loupes in the AKERLOF theory "FAIR WAGES-effort Hypothesis", and in result possibility of practical realization of the fair wage on PRODUCTIVITY will provided. In this regard, after the theoretical analysis and testing the AKERLOF theory, multiple factors affecting the determination of FAIR WAGES, through qualitative interviews, and questionnaires completed by representatives from LABOR & EMPLOYERS groups and academic experts on the LABOR market, is measured. With using software SPSS17 and EXCEL, constitutive factors of FAIR WAGES and the priority of those factors in Iran were tested.

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