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The Duration of Indefinite Employment Contracts in the United States and England : An Historical Analysis

Jacoby, Sanford M. - 2022

Until the mid-nineteenth century, English and American courts held that indefinite employment contracts could not be terminated at will. The stance was a legacy of strictures found in the Statute of Artificers. But by the turn of the century, English and American law no longer agreed. In...

Persistent link: https://www.econbiz.de/10014235412

The Effect of Unemployment Insurance on Unemployment Duration and the Subsequent Employment Stability

Tatsiramos, Konstantinos - 2021

This paper studies the effect of unemployment benefits on the unemployment and subsequent employment duration using … individual data from the European Community Household Panel, for France, Germany, and the UK. The empirical analysis is based on … a two-state mixed proportional hazard model allowing for flexible duration dependence and state specific unobserved …

Persistent link: https://www.econbiz.de/10013319243

Wage-hours contracts, overtime working and premium pay

Hart, Robert A. (contributor); Ma, Yue (contributor) - 2008

This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime … closely to earlier developments in hedonic wage theory. Throughout, we emphasise the intuitive reasoning behind the theory and …

Persistent link: https://www.econbiz.de/10003771694

Wages, hours and human capital over the life cycle

Hart, Robert A.; Ma, Yue - 2000

We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) a post...