, featuring one-sector of differentiated goods with taste for variety. There is imperfect competition in the output market and …

wages; the most widely accepted theoretical explanations interpret the unemployment rate as a measure of job competition …. This paper proposes new ways of measuring job competition, alternative to the unemployment rate, and finds that the … negative relationship still holds when job competition is measured following the job search literature. While for men the wage …

theory of contract. Finally, the empirical literature on employment and labor law is reviewed. I conclude that many aspects … of employment law are consistent with the economic theory of contract - namely, that contracts are written and enforced …