This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime … premium pay. We expand on the wage contract literature that emphasises the role of firm-specific human capital and that … explores problems of contract efficiency in the face of information asymmetries between the firm and the worker. We first …

positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … for larger firms (e.g. over 150 employees). We also find the policy raises area level manufacturing employment mainly …

, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … rationalizes differences in employment rates: in the U.S., we find a market productivity premium of +30% and market frictions of …

The aim of this study is to evaluate employees' productivity in relation to their contract status. This study uses (a … period 2003 to 2005. This study uses the stochastic production frontier, distinguishing employees holding fixed-term contract … (FTC) from employees that do not have fixed-term contracts (indefinite-term contract (ITC)). Results are estimated in 2 …

well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …

show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …

pre-marital job characteristics and find that working without a contract has a negative effect on new mothers … employment stability enjoyed by workers. This implies that in Italy women with highly protected and stable jobs find it easier to …