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, such agreements will cause employment to diverge from efficiency …

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, such agreements will cause employment to diverge from efficiency …

Die Forderung nach einem existenzsichernden Lohn für alle ist in den letzten Monaten in Deutschland und Europa wieder … 2017, includes a commitment to 'adequate minimum wages'. French President Macron has also emphasised the key role of … minimum wages for the European Social Model. And in Germany, the coalition agreement between the Christian Democrats (CDU …

computing technologies. This paper surveys the evidence on the effects of technical change on skills, wages and employment by … diffusion of technologies on wages in the cross section which is not robust to endogeneity and fixed effects; (iii) at the firm … level product innovations appear to raise employment growth, but there is no clear evidence of a robust effect (either …