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The false promise of deep-sea mining. [PDF]
Alger J +5 more
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Zero-hours Contracts in a Frictional Labor Market
SSRN Electronic Journal, 2021We propose a model to evaluate the U.K.’s zero-hours contract (ZHC) – a contract that exempts employers from the requirement to provide any minimum working hours, and allows workers to decline any workload. We find quantitatively mixed welfare effects of ZHCs.
Juan J. Dolado +2 more
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Outsourcing, labor market pooling, and labor contracts
Journal of Urban Economics, 2011This paper considers the interaction between input sharing and labor market pooling in urban areas. In particular, it examines the impact of the size of a city and business risks on the organizational structures of firms located in urban agglomerations, and it also discusses the impact of organizational structure on incentives to insure workers against
Pierre M. Picard, David E. Wildasin
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Labor Market Regulation Under Self-Enforcing Contracts
SSRN Electronic Journal, 2017AbstractThis paper examines the effects of various labor market institutions (policies) on the welfare of workers and employers. We consider self‐enforcing contracts between risk‐averse workers and risk‐neutral employers in a labor market with search frictions.
Avcioglu, Sahin, Karabay, Bilgehan
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Labor market contracting and wage dispersion
Journal of Labor Research, 1988This paper uses a variety of data sources to document the effect of long-term contracts (LTCs) on wage dispersion. The paper first shows that LTCs are responsible for the decrease in wage dispersion observed as labor markets tighten; absent LTCs (as in most other advanced nations outside North America), this effect does not exist.
Sanford M. Jacoby, Maury Y. Pearl
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Labor Market Immobility and Incentive Contract Design
SSRN Electronic Journal, 2018Research suggests that restricted labor mobility discourages managers from investing in human capital and reduces firm value. However, whether firms re-incentivize managers to mitigate its adverse effects remains unexplored. We find that after the adoption of the inevitable disclosure doctrine (an exogenous negative shock to managers’ mobility), firms ...
Chen Lin, Lai Wei, Nan Yang
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Implicit contracts in the Japanese labor market
Journal of the Japanese and International Economies, 1988Abstract This paper tests the implicit contract hypothesis using data in the Japanese labor market. The empirical results suggest that implicit contract relations in real terms are not rejected in the Japanese labor market. This finding gives evidence (i) that a certain degree of observed wage rigidity reflects the outcome of efficient risk-sharing ...
Hiroshi Osano, Touru Inoue
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