The Labor Market and Corporate Structure

We analyze the impact of labor demand and labor market regulations on the corporate structure of firms. We find that higher wages are associated with lower monitoring, irrespective of whether these high wages are caused by labor market regulatio ns, unions or higher labor demand. These comparative static results are in line with the broad trends in the data.

MoreLess

Year of publication:	1997
Authors:	Acemoglu, D. ; Newman, A.F.
Institutions:	Economics Department, Massachusetts Institute of Technology (MIT)
Subject:	EFFICIENCY \| WAGES \| MORAL HAZARD \| CORPORATIONS \| REGULATIONS

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

More details

Series:	Working papers.
Type of publication:	Book / Working Paper
Notes:	38 pages
Classification:	J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; L23 - Organization of Production
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005450486