So, another option is to pay "efficiency wages".

因而，另一个选项是支付“效率工资”。

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Solow Model shows advances of Efficiency Wages theory as contrasted with traditional economic theory.

索洛模型显示效率工资理论对传统经济理论的突破。

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Efficiency wages: Sometimes the wage workers are paid by their employer is not determined by just supply or demand.

效率工资：有时候雇主付给工人的薪资不仅仅是由供给或需求决定的。

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In this case they will set wages like a monopolist, which will put wages and employment below efficiency level.

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But the Japanese seem more than willing to continue forgoing some economic efficiency to attain key social and political objectives -- an economy with reasonable growth that provides high wages, stable jobs and a sense of community.

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If productivity, the efficiency of the use of labour, in China was the same as it was in the US then Chinese wages would be the same as they are in the US. Running it backwards, we can look at wages in China.

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