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Testing Intertemporal Substitution,Implicit Contracts,and Hours Restriction Models of the Labor Market Using Micro Data
Testing Intertemporal Substitution Implicit Contracts Hours Restriction Models Labor Market Micro Data
2015/9/18
We present new tests of three theories of the labor market: intertemporal substitution, hours restrictions, and implicit contracts. The intertemporal substitution test we implement is an exclusion tes...
Implicit Contracts,Life Cycle Labor Supply and Intertemporal Substitution
Intertemporal Substitution Implicit Contracts Micro Data Symmetry Restriction Utility Theory
2015/9/18
The implicit contract model has been suggested as a serious alternative to the spot marketinterpretation of the labor market. However, its usefulness has been limited because the wage is unobserved in...
Restrictions on Jurisdiction Clauses in Consumer Contracts within the European Union
Consumer Contracts Jurisdiction Clauses
2015/8/4
Jurisdiction clauses in cross-border consumer contracts may contravene the consumer’s interests. This article examines whether the European consumer, when entering into international contracts, is pro...
Employment Contracts,Influence Activities and Efficient Organization Design
Employment Contracts Influence Activities Efficient Organization Design
2015/7/21
Employment Contracts,Influence Activities and Efficient Organization Design.
Stepping Stones versus Dead End Jobs: Exits from Temporary Contracts in Italy after the 2003 Reform
mixed multinomial logit discrete duration data temporary jobs
2012/10/23
In this paper we study labor market transitions out of temporary jobs in Italy focussing on an interesting period of the Italian recent history: the one immediately following the last labor market ref...
Labour Contracts and Performance of Cameroonian Firms
labour contract fixed-term contract indefinite-term contract production frontier
2012/10/18
The aim of this study is to evaluate employees' productivity in relation to their contract status. This study uses (a) survey data collected among manufacturing sector firms, having more than 15 emplo...
Excess Worker Turnover and Fixed-Term Contracts: Causal Evidence in a Two-Tier System
excess worker turnover two-tier systems quasi-experiment fixed-term contracts
2012/10/18
Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in high excess worker turnover flows. These flows are constrained by the employ...
Double-Sided Moral Hazard in Job Displacement Insurance Contracts
job displacement unemployment insurance severance pay moral hazard firing costs
2012/10/23
Job displacement insurance typically includes both unemployment benefits and lump-sum severance pay, and each has provoked policy concerns. Unemployment insurance concerns have centered on distorted j...
Temporary Contracts and Monopsony Power in the UK Labour Market
atypical contracts oligopsony compensating differentials commuting time
2012/10/25
This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the...
And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts
job satisfaction heterogeneity employment contract generalized ordered probit salary work-life balance
2012/10/25
This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different d...
Part-Time Work, Fixed-Term Contracts, and the Returns to Experience
fixed-term and permanent contracts part-time employment returns to experience of differential work histories random effects models MCMC motherhood
2012/10/26
Using data from Spanish Social Security records, we investigate the returns to experience in different flexible work arrangements, including part-time and full-time work, and permanent and fixed-term ...
A Flexible Test for Present Bias and Time Preferences Using Land-Lease Contracts
present bias hyperbolic discounting discount rate hedonic estimation
2012/10/26
When agents have present bias, they discount more between now and the next period than between period t (> 1) and t + 1. How fast the future discount rate (evaluated today) decays is an empirical ques...
Collective Bargaining under Non-Binding Contracts
collective bargaining union firm bargaining power non-binding contract
2012/11/1
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence betwee...
ON THE FORMATION OF CONSENT IN THE CASE OF CONTRACTS CONCLUDED ON-LINE
trading on Internet electronically features tele-communication
2010/3/22
The trading offer on the Internet, which may be destined to other traders or to private persons, presents a lot of distinct features. Electronically catalogues, diffused on Internet, may be seen as su...
When is a contract more than a contract? Professional football contracts and the pendulum of power
Playing Contracts Employment Conditions Power Battles Professional Football
2009/12/25
Professional football contracts were established in England in 1885 and structured around a transfer and retain system whereby at the end of the contract clubs decided whether to retain or transfer th...