Kilponen, Juha; Santavirta, Torsten - In: Scandinavian Journal of Economics 112 (2010) 4, pp. 864-883
We improve the precision of the implicit contract model test proposed by <link rid="b2">Beaudry and DiNardo (1991)</link>. Our dataset allows us to define the exact industry and plant of a particular employment relationship, link local labor market characteristics to individual-level wages, and control for...