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Implicit Contracts, Labor Mobility and Unemployment

Arnott, Richard J. - 1987

Firms' inability to monitor their employees' search effort forces a tradeoff between risk-bearing and incentive considerations when designing employment-related insurance. Since the provision of insurance against firm-specific shocks adversely affects workers' incentives to find better jobs, the...

Persistent link: https://www.econbiz.de/10012476752

The Effect of Job Complexity on Job Satisfaction : Evidence From Turnover and Absenteeism

Weiss, Andrew - 1985

Usinga detailed sample of semi-skilled production workers we find that holding a wide range of personal and job-related characteristics constant, workers assigned to more complex jobs seem to be more likely to quit than are workers assigned to simpler jobs. Job complexity has no discernible...

Persistent link: https://www.econbiz.de/10012477485

Employee Response to Compulsory Short-Time Work

Fuchs, Victor R. - 1986

This paper reports the results of a survey of over 1500 employees who faced compulsory reductions of 10 percent in hours of work and earnings during the second half of 1985. The workers were asked how they used the free time and how they viewed the program, and their answers were analyzed in...

Persistent link: https://www.econbiz.de/10012476980

Can a Work Organization Have an Attitude Problem? The Impact of Workplaces on Employee Attitudes and Economic Outcomes

Bartel, Ann - 2003

significant positive cross-sectional correlation between branch-level employee attitudes and branch sales performance is not … observed in longitudinal fixed-effects sales models. The results of our empirical tests concerning the determinants of employee … attitudes and the determinants of branch sales are consistent with an interpretation that workplace-specific factors lead to …

Persistent link: https://www.econbiz.de/10012468705

Sorting in the Labor Market : Do Gregarious Workers Flock to Interactive Jobs?

Krueger, Alan B. - 2007

This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with different attributes based on their preferences for those attributes. We present evidence from four new time-use data sets for the United States and France on whether workers who are...

Persistent link: https://www.econbiz.de/10012465623

Pensions, Unions and Implicit Contracts

Gustman, Alan L. - 1986

This paper analyzes the relation of pension coverage and key plan characteristics to measures of union membership and strength, and to related interactions. The large and significant relationships which are found cannot be explained by, and are often inconsistent with, predictions obtained by...

Persistent link: https://www.econbiz.de/10012477033

Implicit Contracts : A Survey

Rosen, Sherwin - 1985

7mplicit contracts resolve the distribution of uncertainty and utilization of specific human capital between risk averse workers and less risk averse firms. Incomplete contracts are required to yield involuntary layoffs in contract markets: otherwise, contracts are efficient and pareto optimal...

Persistent link: https://www.econbiz.de/10012477445

Involuntary Terminations under Explicit and Implicit Employment Contracts

Medoff, James L. - 1981

This study investigates where and when last-in-first-out permanent layoff policies seem to go hand in hand with compensation policies under which the net value of senior workers appears to be less than that of their junior peers. The investigation relies upon both the approximately 260 usable...

Persistent link: https://www.econbiz.de/10012478489

Implicit Contracts, the Great Depression, and Institutional Change : A Comparative Analysis of U.S. and Japanese Employment Relations, 1920-1940

Moriguchi, Chiaki - 2003

This paper employs a game-theoretic framework and a comparative historical analysis to study the impact of the Great Depression on corporate welfarism,' i.e., employers' voluntary provisions of non-wage benefits, greater employment security, and employee representation to their blue-collar...

Persistent link: https://www.econbiz.de/10012469141

Managerial Incentive Problems : A Dynamic Perspective

Holmstrom, Bengt - 1999

The paper studies how a person's concern for a future career may influence his or her incentives to put in effort or make decisions on the job. In the model, the person's productive abilities are revealed over time through observations of performance. There are no explicit output contingent...

Persistent link: https://www.econbiz.de/10012471936

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