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Wage rigidity in a competitive incomplete contract market

Fehr, Ernst; Falk, Armin - In: Journal of political economy 107 (1999) 1, pp. 106-134

Persistent link: https://www.econbiz.de/10001409363

Relational contracts and the nature of market interactions

Brown, Martin (contributor); Falk, Armin (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001800150

Relational contracts and the nature of market interactions

Brown, Martin; Falk, Armin; Fehr, Ernst - In: Econometrica : journal of the Econometric Society, an … 72 (2004) 3, pp. 747-780

Persistent link: https://www.econbiz.de/10002095788

Competition and the relational contracts : the role of unemployment as a disciplinary device

Brown, Martin; Falk, Armin; Fehr, Ernst - In: Journal of the European Economic Association 10 (2012) 4, pp. 887-907

Persistent link: https://www.econbiz.de/10009678017

Wage Rigidity in a Competitive Incomplete Contract Market

Fehr, Ernst; Falk, Armin - 1999

Do employers and workers underbid prevailing wages if there is unemployment? Do employers take advantage of workers' underbidding by lowering wages? We hypothesize that under conditions of incomplete labor contracts, wage levels may positively affect workers' propensity to cooperate. This, in...

Persistent link: https://www.econbiz.de/10014206900