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This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract … between twenty unions and plantations, (b) mandated to respect a state government notification stipulating a new minimum wage … raised the baseline wage by 30% but lowered marginal incentives, by shifting the existing piece rates to higher minimum …
Persistent link: https://www.econbiz.de/10010252151
determinants. In this paper, we stress random shocks to match productivity after the start of an employment relation. The … separation decisions to be analyzed separately from wage setting. The tenure profiles in wages implied by the model fit the … this model above the learning model. We develop a methodology to analyze the decomposition of shocks to match productivity …
Persistent link: https://www.econbiz.de/10011399579
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as … ; strategic substitutability ; wage contracts ; contract duration …
Persistent link: https://www.econbiz.de/10003982016
this happens mostly in large firms. There are also sizeable long-run wage effects of the reform, well beyond the legal …
Persistent link: https://www.econbiz.de/10011654666
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10012546895
in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the … production of intermediate goods and realize benefits from Chamberlinian externalities. Firms may also protect workers from wage … risks through fixed wage contracts. This paper explores the relationships between firms' risks, workers' contracts, and the …
Persistent link: https://www.econbiz.de/10003882588
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