This study looks at recent changes in managerial labor markets in terms of changes in the relationship between tenure and earnings. Many product markets have become less stable during the past decade with the deregulation of several industries and increases in foreign competition. As a result,...

Studies have consistently shown that cash benefits provided by the Aid to Families with Dependent Children (AFDC) program alter the labor supply of female heads of households. By federal law, AFDC recipients are also automatically entitled to in-kind Medicaid benefits. As a consequence, it is...

Implicit long-term labor contracts provide a characterization of the employment relationship markedly different from that suggested by a "spot" labor market. Long-term implicit agreements are of considerable interest because their use is consistent with many stylized facts of the labor market,...

Recent research on labor markets has focused on the ability of the firm to influence the productivity of its employees. While most of this research has concentrated on the structure of the compensation package the employer can offer its employees, there has also been interest in the employer's...