talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort …

which occurs due to microeconomic reform will involve displaced workers - that is, workers who are involuntary permanent job … workers. …

In February 2008, British Telecommunications (BT) introduced automatically renewing, or ‘rollover’, contracts into the … UK market for fixed-voice telephone service. These contracts included a 12-month Minimum Contract Period (MCP) with … dataset, we measure the impact of rollover contracts on BT customers’ decision to switch to another provider. We find that …

building trust and substituting for the difficulty of enforcing contracts internationally. The networks we are interested in …

-period model with uncertainty. Where there are long-term employment relationships, and where risk-averse workers and risk …-neutral firms bargain over wages and firing costs, average unemployment is unlikely to be affected by statutory firing costs … will be associated with a higher incidence of temporary employment contracts and short-term jobs. …

During the last two decades economists have made much progress in understanding incentives, contracts and organizations …

We embed a simple incomplete-contracts model of organization design in a standard two-country perfectly …