G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1078
DP1078 Entry, Pricing and Incentives: The Role of Regulatory Commitment
Gianni De Fraja
发表日期1994-12-31
出版年1994
语种英语
摘要This paper examines the foundations of the prediction that the costs of, and returns to, an investment in specific human capital will be shared between worker and firm, and hence that in the presence of specific human capital there will be a positive relationship between wage and tenure. It is shown that the standard model does not in fact predict such a relationship. A more precise definition of sharing is suggested, and two models are described in which sharing does arise, in response to a problem of asymmetric information.
关键词Contracts Sharing Specific human capital Tenure
URLhttps://cepr.org/publications/dp1078
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530223
推荐引用方式
GB/T 7714
Gianni De Fraja. DP1078 Entry, Pricing and Incentives: The Role of Regulatory Commitment. 1994.
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