Endogenous Effort When Unemployment is a Worker Discipline Device. The persistence of the equilibrium unemployment. In equilibrium - employed workers. ECON 5110 Class Notes Shapiro and Stiglitz (1984) “Equilibrium Unemployment as a Worker Discipline Device” 1IntroductiontoEfficiency Wages This is the seminal. Larly the equilibrium unemployment search models of Mortensen and Pissarides. Unemployment as a Worker Discipline Device.' Equilibrium unemployment as a discipline device. Equilibrium unemployment as a worker discipline device. All of the PDF links for the lessons in.

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