govern the termination of the employment contract. To explore this issue, the paper first outlines some general approaches to …

This Article simultaneously exposes a fundamental error in employment termination doctrine and a paradox in contract … law jurisprudence. Contemporary employment law has developed under the assumption that at-will parties may terminate their …. Employment at will, as originally expressed, was a mere duration presumption reflecting America’s rejection of the predominant …

This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … backloaded in good times and frontloaded in bad times. We prove that there exists a unique spot target wage, which serves as an … attraction point for smooth wage adjustments. The structural model is estimated on matched employer-employee data from Sweden …

This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … backloaded in good times and frontloaded in bad times. We prove that there exists a unique spot target wage, which serves as an … attraction point for smooth wage adjustments. The structural model is estimated on matched employer-employee data from Sweden …

Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with …

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