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Farina, Egidio; Green, Colin; McVicar, Duncan - 2019

This paper studies the prevalence and nature of zero-hours contracts (ZHCs) in the UK labour market. The headline count of ZHC workers based on the Labour Force Survey has long underestimated and continues to underestimate the number of workers in ZHC or ZHC-like jobs. ZHC jobs and workers are...

Persistent link: https://www.econbiz.de/10012001423

Why do firms pay an overtime premium?

Hart, Robert A.; Ma, Yue - 2000

We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For...

Persistent link: https://www.econbiz.de/10011335237

Redundancy payments, incomplete labor contracts, unemployment and welfare

Cahuc, Pierre; Zylberberg, André - 1999

It is frequently argued that pure government-mandated severance transfers by the employer to the worker have neither employment nor welfare effect because they can be offset by private transfers from the worker to the employer. In this paper, using a dynamic search and matching model a la...

Persistent link: https://www.econbiz.de/10011318608

Wages, hours and human capital over the life cycle

Hart, Robert A.; Ma, Yue - 2000

We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) a post...

Persistent link: https://www.econbiz.de/10011325980

Labor market efficiency, wages and employment when search frictions interact with intrafirm bargaining

Cahuc, Pierre; Wasmer, Etienne - 2001

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent … contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … overemployment or to under-employment compared with the first-best. On the other hand, in Stole and Zwiebel's theory of intrafirm …

Persistent link: https://www.econbiz.de/10011401500

Transfer fee regulations in European football

Feess, Eberhard; Mühlheußer, Gerd - 2002

We analyze the impact of three different transfer fee systems on payoffs, contract lengths, training and effort incentives in European football. The different regimes, being used until 1995 ("Pre-Bosman" or P), currently in use ("Bosman" or B), and recently approved ("Monti" or M) differ with...

Persistent link: https://www.econbiz.de/10011405887

Pay and productivity in a corporatist economy : evidence from Austria

Fuess, Scott M.; Millea, Meghan - 2001

Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes …

Persistent link: https://www.econbiz.de/10001545528

Smuggling humans : a theory of debt-financed migration

Friebel, Guido (contributor); Guriev, Sergej (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001921416

Transparency and reciprocal behavior

Irlenbusch, Bernd (contributor); Sliwka, Dirk (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001799688

Relational contracts and the nature of market interactions

Brown, Martin (contributor); Falk, Armin (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001800150