| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1078 |
| 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 |
| URL | https://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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