Kodama, Naomi; Kambayashi, Ryo; Izumi, Atsuko - 2025
dynamics. Theoretical perspectives on NCAs are varied: they can lead to increased employer investment and higher wages by … reducing labor turnover, or they might simply raise wages to compensate for the restriction on workers' post-employment choices …. Alternatively, NCAs could reduce workers' outside options, leading to unfavorable terms and lower wages. This paper empirically …