We analyze a firm's job-assignment and worker-monitoring decisions when workers face occasional crises. Firms prefer to assign good workers to a difficult task and to not employ bad workers. Firms observe failures but only observe successfully resolved crises if they monitor the worker. If...

The majority of labor transactions throughout much of history and a significant fraction of such transactions in many developing countries today are “coercive,” in the sense that force or the threat of force plays a central role in convincing workers to accept employment or its terms. We...

This paper combines 530 digitized franchising contracts at the franchise chain level with employer-identified job ads from Burning Glass Technologies to establish stylized facts about franchising labor markets and their relation to the vertical restraints and contractual provisions that limit...

Health has a significant impact on labor market outcomes, and thus on criminal decisions. We document that health positively affects an individual's wage and employment probability but has a negative effect on criminal activities. To study the economic mechanism behind these findings, we build...

There is potential for measurement problems in both retrospective and panel microdata. In this paper we compare results on basic indicators related to labor markets and their dynamics from retrospective and panel survey data in Egypt, in order to determine the conditions under which results are...

The paper discusses flows of labor force and types of labor markets in transition economy through the example of the Republic of Bulgaria. The specificities of national system are underlined considering the link and the importance of labor market development to overall economic and social...

The studies of the labor market are characterized by high interest from research and practical perspective. A number of approaches are applied depending on the preliminary determined goals. In this paper, an approach for research of the labor market is presented, based on the assessment of the...

Minimum hourly wages were randomly imposed on firms posting job openings in an online labor market. A higher minimum wage raised the wages of hired workers substantially. However, there was some reduction in hiring and large reductions in hours-worked. Treated firms hired more productive...

This paper explores the concept of profit sharing as a prospective source of labour income. The paper suggests a paradigm shift: a synthesis of differing perspectives in wage formation to redefine the concept of labour income. The proposed arrangements attempt to conceptualise the productive...

Due to various externalities, a labour market never operates in perfect competition mode. One such externality is the inelasticity in wages introduced due to personal fulfilment and satisfaction that led to personal job preference. This meant that salary is not the sole determinant of one’s...