In empirischen und theoretischen Untersuchungen wird die Rolle von Verträgen für das Zustandekommen von ökonomischen Transaktionen auf Arbeitsmärkten betont. Da die Investitionstätigkeit in Sach- und Humankapital sowie in Forschung und Entwicklung häufig spezifisch erfolgt, ist es...

In a model with imperfect competition and multiple equilibria we show how an increase in the minimum wage can lead firms to reduce wages (and employment). We find some empirical support for this in the Card–Krueger minimum wage data.

Two firms choose locations (non-wage job characteristics) on the interval [0,1] prior to announcing wages at which they employ workers who are uniformly distributed; the (constant) marginal revenue products of workers may differ. Subgame perfect equilibria of the two-stage location-wage game are...

The classic dual economy models of developing countries hold minimum wages (among other institutions) accountable for persistent dualism. They note that applying or enforcing minimum wage laws in only one sector of the economy will create wage differentials which will not be eroded with labor...

This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country’s large uncovered sector and...

Magistro darbe yra formuluojama problema dėl skirtingos Lietuvos ir kitų ES šalių darbo užmokesčio ir darbo našumo kaitos. Pateikiama išanalizuota ir susisteminta įvairių Lietuvos ir užsienio autorių literatūra apie darbo užmokesčio funkcijas, struktūrą, darbo užmokesčio dydį...

En varios países de la OCDE, las asociaciones empresariales y las organizaciones sindicales fijan tarifas salariales mínimas de obligado cumplimiento para todos los empleadores en la industria. Una hipótesis considera que la totalidad de los salarios en estas industrias solo cambia cuando se...

Theory and evidence concerning the functioning of the labor market. Particular emphasis on the roles played by government and institutions. Topics include minimum wages, labor market effects of social insurance and welfare programs, the collective bargaining relationship, discrimination, human...

"Good work" is interpreted from an employer's and a worker's viewpoint. An economic experiment on the existence of intrinsic work motivation in a labor market setting is conducted. A theoretical model analyzes worker selection under exogenous unobservable intrinsic motivation and endogenous...