G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w0623
来源IDWorking Paper 0623
Wage-Employment Contracts (Replaced by W0675)
Jerry R. Green
发表日期1981
出版年1981
语种英语
摘要This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the employment level is controlled by firms. Under plausible assumptions, such agreements will cause employment to diverge from efficiency as a byproduct of their attempt to mitigate risk. However, employment is above rather than below the efficient level when the conditions of profitability are worse than average. Such a one- period implicit contracting model cannot, therefore, be used to "explain" unemployment as it is traditionally conceived.
URLhttps://www.nber.org/papers/w0623
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/557823
推荐引用方式
GB/T 7714
Jerry R. Green. Wage-Employment Contracts (Replaced by W0675). 1981.
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