employing data on job search activity. Workers' willingness to pay for the remaining duration of the employment contract is … derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with … a remaining contract of 6 months is willing to pay about 10% of the wage to increase the contract by one month …

, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a …

convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

This paper studies how social relationships between managers and employees affect relational incentive contracts. To … each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …

We develop a theory of leadership that focuses on the role managers play in motivating employees through their attitude …

that the principal cares for them. Principals can signal their altruism by offering a generous contract, consisting of a … agents do not reciprocate the principal's altruism, the principal may find it optimal to write a contract that simultaneously … signals his altruism and screens reciprocal worker types. I show that such a contract is characterised by excessively strong …