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employment survival, these studies ignore the impact of contract modifications. Using an accelerated failure time survival model … with hand-collected college head football coach contract data, I find that race/ethnicity affects the hazard rate of … contract modifications but not the hazard rate of a head coach's dismissal. Additionally, analysis of employment duration …
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This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit, how many children to have and subsequently whether to stay together or separate. We make precise the idea that cooperation in a household can be supported by self interest....
Persistent link: https://www.econbiz.de/10010363961
other party incurring the cost of the relationship-specific investment bears additional risk and is less willing to invest … such that sub-optimal investment occurs. In countries where enforceability of explicit contracts is particularly weak … find that firms that both reside in countries with weak contract enforceability and operate in industries with a greater …
Persistent link: https://www.econbiz.de/10013087098
other party incurring the cost of the relationship-specific investment bears additional risk and is less willing to invest … (i.e., sub-optimal investment occurs). In countries where enforceability of explicit contracts is particularly weak … find that firms that both reside in countries with weak contract enforceability and operate in industries with a greater …
Persistent link: https://www.econbiz.de/10013115472
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We investigate how the incompleteness of an employment contract - discretionary and non-contractible effort - can … describe how contract incompleteness and wage cuts vary across different jobs. These findings provide the first observational …
Persistent link: https://www.econbiz.de/10014557595