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Author : Oliver Fabel
Publisher :
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.:/5 (36 download)
Download or read book Insurance and Incentives in Labor Contracts written by Oliver Fabel and published by . This book was released on 1990 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349202150
Total Pages : 321 pages
Book Rating : 4.3/5 (492 download)
Download or read book Allocation, Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.
Author : Richard Arnott
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (165 download)
Download or read book Implicit Contracts, Labor Mobility and Unemployment written by Richard Arnott and published by . This book was released on 1987 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sherwin Rosen
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 504 pages
Book Rating : 4.F/5 ( download)
Download or read book Implicit Contract Theory written by Sherwin Rosen and published by Edward Elgar Publishing. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market.
Author : David Sapsford
Publisher : Palgrave
ISBN 13 : 9780333453544
Total Pages : 297 pages
Book Rating : 4.4/5 (535 download)
Download or read book Current Issues in Labour Economics written by David Sapsford and published by Palgrave. This book was released on 1990 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of essays attempts to examine and analyze recent developments in economic analysis. The essays cover implicit contract theory, job search model, bargaining theory, profit sharing models, institutionalist perspectives and other relevant issues.
Author : Juha Kilponen
Publisher :
ISBN 13 : 9789524626019
Total Pages : 26 pages
Book Rating : 4.6/5 (26 download)
Download or read book New Evidence on Implicit Contracts from Linked Employer-employee Data written by Juha Kilponen and published by . This book was released on 2010 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sherwin Rosen
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (132 download)
Download or read book Implicit Contracts written by Sherwin Rosen and published by . This book was released on 1985 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 7mplicit contracts resolve the distribution of uncertainty and utilization of specific human capital between risk averse workers and less risk averse firms. Incomplete contracts are required to yield involuntary layoffs in contract markets: otherwise, contracts are efficient and pareto optimal by construction. There is a close relation between contract theory and neoclassical labor market theory. Contracts smooth consumption, but increase the volatility of labor supply and labor utilization to demand disturbances, because contractural insurance eliminates the income effects of socially diversifiable risks. This result is similar to the intertemporal substitution hypothesis. However, the price mechanism in a contract is substantially different. Contracts embody a nonlinear two-part pricing scheme. The lump sum part allocates the income-consumption consequences of risks and the marginal pricing part allocates production and labor utilization. This implicit pricing mechanism is in all respects "flexible, " though the observed average hourly wage combines both parts and may give the outward appearanceof rigidity. Furthermore, the observed average wage rate in a contract does not reflect marginal conditions necessary for structural econometric estimation. Indivisibilities appear necessary to account for the split between work-sharing and layoffs. Contracts with private information are also considered in the nonlinear pricing context
Author : James L. Medoff
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.3/5 ( download)
Download or read book Involuntary Terminations Under Explicit and Implicit Employment Contracts written by James L. Medoff and published by . This book was released on 1981 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates where and when last-in-first-out permanent layoff policies seem to go hand in hand with compensation policies under which the net value of senior workers appears to be less than that of their junior peers. The investigation relies upon both the approximately 260 usable responses to a survey we mailed out to a sample of U.S. firms and microdata from the computerized personnel files of a major U.S. corporation. Our findings for U.S. companies outside of agriculture and construction lead us to the following three conclusions: (1) For most employees, it appears that protection against job loss grows with seniority, although net value to the firm does not.(2) While a very sizeable percentage of nonunion workers may be covered by implicit employment contracts which give more protection against termination to those with more seniority, a much higher percentage of workers covered by collective bargaining agreements seem to enjoy such protection; and (3) The job protection afforded senior nonunion personnel, especially exempt employees, appears to be less strong than that provided to union members.
Author : Charles T. Carlstrom
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)
Download or read book Implicit Contracts, On-the-job Search and Involuntary Unemployment written by Charles T. Carlstrom and published by . This book was released on 1987 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gerald T. Garvey
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)
Download or read book Implicit Labor Contracts and the Threat of Shareholder Opportunism written by Gerald T. Garvey and published by . This book was released on 1994 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : James L. Medoff
Publisher : Forgotten Books
ISBN 13 : 9780243023370
Total Pages : 78 pages
Book Rating : 4.0/5 (233 download)
Download or read book Involuntary Terminations Under Explicit and Implicit Employment Contracts (Classic Reprint) written by James L. Medoff and published by Forgotten Books. This book was released on 2017-01-14 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Involuntary Terminations Under Explicit and Implicit Employment Contracts Sloped seniority - earnings profile even if productivity was constant or decreased with tenure. Under the provision, employees with greater - than average company service are paid more than the value of their contribution in return for having accepted earnings less than their contribution at the. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author : John C. Ham
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Implicit Contracts, Life Cycle Labor Supply, and Intertemporal Substitution written by John C. Ham and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The implicit contract model is a serious alternative to the spot market interpretation of the labor market. However, its usefulness has been limited because the wage is unobserved, and hence it has not been possible to estimate an intertemporal (Frisch) supply elasticity for the model using microdata. In this article, we show that one can estimate this elasticity from microdata within the context of the implicit contract model under relatively weak assumptions based on consumer theory. We implement our approach on two micro data sets and, for both, obtain a reasonably precise elasticity estimate of approximately 1.0.
Author : R. Cooper
Publisher : Routledge
ISBN 13 : 1136457453
Total Pages : 91 pages
Book Rating : 4.1/5 (364 download)
Download or read book Wage & Employment Patterns in Labor Contracts written by R. Cooper and published by Routledge. This book was released on 2018-10-24 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the micro-foundations and the macro-implications of the design of labour contracts.
Author : William Bentley MacLeod
Publisher : Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 ( download)
Download or read book Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment written by William Bentley MacLeod and published by Kingston, Ont. : Institute for Economic Research, Queen's University. This book was released on 1986 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Samuel Abraham Shrager
Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.:/5 (839 download)
Download or read book Implicit Labor Contracts written by Samuel Abraham Shrager and published by . This book was released on 1984 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eskander Alvi
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (249 download)
Download or read book Implicit Contracts and Worker-specific Information written by Eskander Alvi and published by . This book was released on 1984 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steffen Altmann
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (118 download)
Download or read book Implicit contracts, unemployment, and labor market segmentation written by Steffen Altmann and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
