productivity observed in a sample of ten unionized plants. It is argued that this relationship reflects the productivity …

"This paper reviews the literature on employment and labor law. It is observed that all jurisdictions in the world have … extensive employment and labor law, even though many economists recommend a reduction in legal restrictions. The review of the …

The paper examines changes in wage and hour labor regulation between 1898 and 1938. Many see the 1905 Lochner Supreme … majority of Supreme Court judges emphasized freedom of contract in declaring a female minimum wage unconstitutional. Seeing …. This opened the door for federal minimum wage legislation for all workers …

standard relative performance pay contracts, relative to a fixed wage scheme, increase productivity, they have a dark side … serve to lessen worker productivity and harm worker morale. We take a different approach to curbing worker misbehavior … different wage contracts influence workers' propensity to cheat and sabotage one another. Our findings show that even though …

This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …

employers has declined since the 1980s, yet there is a commonly expressed view that long-term employment relationships are more … difficult to attain. We reconcile these observations by examining how the distribution of employment tenure has changed in … tenure has declined markedly among older men; this trend may have spurred popular perceptions that long-term employment is …

Average wage growth is closely related to aggregate productivity growth across countries and within countries over time …. The commonality of patterns across OECD countries suggests that common factors are at work. Are productivity …-based explanations of wage changes consistent with increasing variance in wages as well as increases in mean wages as suggested by skill …

that both the wage and productivity profiles are rising but concave to the origin (consistent with profiles quadratic in … age), but the estimated relative wage profile is steeper than the relative productivity profile, consistent with models of … deferred wages. We find a productivity premium for marriage equal to that of the wage premium, and a productivity premium for …