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Reciprocal Fairness and Gift Exchange Practices in the Labor Contract : Econometric Analysis on a French Firms Survey

Mahuteau, Stephane - 2003

We aim at investigating to what extent reciprocal considerations, exhibited by employers and employees, should lead to stable gift exchange practices in the labor contract, giving rise to non-compensating wage differentials among industries. We use the concept of Sequential Reciprocity...

Persistent link: https://www.econbiz.de/10014100099

Preferences for employment protection and the insider-outsider divide

Guillaud, Elvire; Marx, Paul - 2013

Insider-outsider theory suggests that in dual labour markets two groups have opposing preferences regarding protection … preferences. We use a novel data set collected in the most recent presidential contest in France, which combines detailed … market policies. Going beyond insider-outsider theory, we argue and show empirically that the effect of membership in either …

Persistent link: https://www.econbiz.de/10009793094

Why do firms pay an overtime premium?

Hart, Robert A.; Ma, Yue - 2000

We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For...

Persistent link: https://www.econbiz.de/10001502473

Redundancy payments, incomplete labor contracts, unemployment and welfare

Cahuc, Pierre; Zylberberg, André - 1999

It is frequently argued that pure government-mandated severance transfers by the employer to the worker have neither employment nor welfare effect because they can be offset by private transfers from the worker to the employer. In this paper, using a dynamic search and matching model a la...

Persistent link: https://www.econbiz.de/10001460791

Wages, hours and human capital over the life cycle

Hart, Robert A.; Ma, Yue - 2000

We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) a post...

Persistent link: https://www.econbiz.de/10001486503

When social forces remove the impact of competition : social exchange in experimental labor markets

Fehr, Ernst; Kirchler, Erich; Weichbold, Andreas - 1995

Persistent link: https://www.econbiz.de/10000915321

Pay and productivity in a corporatist economy : evidence from Austria

Fuess, Scott M.; Millea, Meghan - 2001

Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes …

Persistent link: https://www.econbiz.de/10001545528

When are Layoffs Acceptable? Evidence from a Quasi-Experiment

Charness, Gary; Levine, David I. - 2000

Many authors have discussed a decline in internal labor markets and an apparent shift to a new employment contract, characterized by less commitment between employer and employee and more portable skills. These discussions occur without much evidence on what employment contract employees...

Persistent link: https://www.econbiz.de/10014193825

Credit, Incentives and Reputation : A Hedonic Analysis of Contractual Wage Profiles

Brandt, Loren; Hosios, Arthur J. - 1998

A hedonic analysis of principal-agent employment contracts is developed in which workers and employers exchange labor services and contractual payment patterns and is applied to contract data from a household-level survey in rural China in 1935. The results indicate that credit market...

Persistent link: https://www.econbiz.de/10014102793

A Nutshell Model of Demand of Permanent vs. Temporary Working Contracts

Contini, Bruno - 2019

This paper presents a two-period “nutshell” model that explains the composition of labour demand when the labour market is dualistic and workers may be hired via permanent (P) or temporary (T) contracts. The model does not explain the level of labor demand, nor the wage of permanent workers,...

Persistent link: https://www.econbiz.de/10014107806