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This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this form of contract governance. Under plausible assumptions,...
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Effect of the IMF on public wages and salaries in democracies and non-democracies. In developing countries, governments … often face strategic incentives to devote public expenditures to public wages and salaries, and such expenditures can play a … (IMF) programs of economic reform on public wages and salaries. We show that their effect is contingent on the role a …
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, intellectual, social and political implications of wages, the chapters in this collection historicise the labour market, conceiving … of wages and other forms of remuneration reflect not only marginal productivity and scarcity but also the nature of work … parts of the globe, it shows how wages are influenced by the specific organization and processes of work, conflict and power …
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