The rent-sharing literature and the agency literature both predict a link between pay and performance. The rent-sharing literature relies on short-term market power to explain this link, and the agency literature bases its prediction on the importance of incentives in principal-agent...

This paper provides an evolutionary rationale for both interracial and intraracial wage differentials by examining the implications of white employers mediating their employer-employee relationships on the basis of genetic similarity. If in organized labor markets, relationships mediated through...

This paper is an advertisement for some facts and ideas that I think likely to lead to a richer theory of the economics of the family. The discussion references many papers from anthropology and biology. Because of the intimate connection between the family and reproduction, it should not be...

SEARCH MODELS AND DURATION DATA By George R. Neumann* Contents 1. Introduction p. 1 2. Duration Distributions p. 3 2.1 Survivor, density, and hazard functions 2.2 Censoring Mechanisms 2.3 Nonparametric estimation 2.4 Parametric estimation 2.5 Sampling Issues 3. Econometric Models for Durations...

It is curious that more government programs do not use performance based subcontracts for human resource oriented programs. Theoretical explanations for their limited use are that: agents' risk aversion to idiosyncratic variation in compensation beyond their control constrains the effectiveness...

In this paper we examine whether the requirements which workers must satisfy to qualify for UI benefits in any succeeding period of joblessness affect the duration of employment spells. This behavioral consequence of a UI system has been neglected in empirical research, which has instead focused...

Individual labour supply is a difficult subject. My suggestion is to think along the following lines. At low productivity, one has to work 24 hours around the clock in order to survive. When productivity increases, one quickly starts working less hours, particularly since the kind of work at...

This study considers the joint role of job and housing location as they affect the earnings of different race and gender groups. Building on Wial's (1991) case study of networks in Boston which distribute good jobs, the `network hypothesis' suggests that the channels which distribute high wage...

Recent advances in incentive theory stress the multi- dimensional nature of agent effort and particularly the case where workers can improve the performance of others through `helping' efforts. This paper provides a simple model of an agent's incentive to help depending on the compensation...

In the literature the recent upsurge in period birth rates is seen as evidence of a pronatalist effect of Sweden's extensive social insurance programs. Yet, these explanations cannot account for the downturn in birth rates in the 1970s, the delay in childbearing, and the constancy of cohort...