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-kontraktuellen und individuellen Regulierungsformen, die sich bei Strecke in den Kategorien Status und Vertrag wiederfinden … dynamics between collective and individual forms of labour regulation, described by Streeck as status and contract, will be …
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When unemployment prevails, relations with a particular firm are valuable for workers. As a consequence, a worker may adhere to an implicit agreement to provide high effort, even when performance is not third-party enforceable. But can implicit agreements - or relational contracts - also...
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We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract … negative incentive and efficiency effects of dismissal barriers. Nevertheless, contract enforcement behavior remains … market outcomes are the result of a complex interplay between contract enforcement policies and the institutions in which …
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In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...
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