Fortin, Bernard; Jacquemet, Nicolas; Shearer, Bruce - Centre Interuniversitaire sur le Risque, les Politiques … - 2010
We develop and estimate a generalized labour supply model that incorporates work effort into the standard consumption-leisure trade-off. We allow workers a choice between two contracts: a piece rate contract, wherein he is paid per unit of service provided, and a mixed contract, wherein he...