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We propose to study the trade off between two incentive strategies (moni- toring and efficiency wage versus profit sharing), operated by one firm to induce more efforts among employees. We deal first with a normal context where shirkers bear the risk to be fired. We consider second a particular...
Persistent link: https://www.econbiz.de/10010852355
Paper [I] adds to the theoretical literature on the incentives of Temporary Work Agencies (TWAs). Using a principal-agent model with hidden action to model two main types of contracts between a TWA and a Client Firm (CF), the TWA is shown to potentially act against the best interest of the CF...
Persistent link: https://www.econbiz.de/10011019142
This paper presents empirical evidence from household and firm survey data collected during 2009-2010 on the implementation of the 2008 Labor Contract Law and its effects on China's workers. The government and local labor bureaus have made substantial efforts to enforce the provisions of the new...
Persistent link: https://www.econbiz.de/10011212761
This article aims is to study the evolution of real minimum wages by branches of the Romanian economy and shaping trends in the period 2000-2008 to 2009-2010 years. In the scientific approach comprised the following steps: composition series nominal gross minimum wage at branch level, based on...
Persistent link: https://www.econbiz.de/10010835584
English Abstract: Articolul cuprinde o sinteză a reglementării naţionale a măsurilor de protecţia a salariaţilor în cazul transferului de întreprinderi, unităţi sau părţi de întreprinderi sau unităţi şi, mai important, o sinteză a jurisprudenţei Curţii de Justiţie a Uniunii...
Persistent link: https://www.econbiz.de/10012965515
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10014192066
Economic literature has focused on both causes and effects of trade union membership; however, most of the studies about trade unions in Colombia have been focused on its effects over wages and inequality. On this document we present an estimation of the structural determinants of trade union...
Persistent link: https://www.econbiz.de/10014201189
This paper uses as its theoretical starting point the concept of the firm as a nexus of contracts. It examines the full range of contracts which go into forming this nexus: those formally negotiated, those adopted by custom or practice, and those imposed as legal defaults. The concept of...
Persistent link: https://www.econbiz.de/10014105830
The Supreme Court’s recent decisions interpreting the Federal Arbitration Act (FAA) in the employment context generally prioritize arbitration over workers’ labor law rights. The majority in Epic Systems upheld mandatory individual employment arbitration agreements despite their conflict...
Persistent link: https://www.econbiz.de/10014105852
In this article, we examine how remote gig workers in Africa exercise agency to earn and sustain their livelihoods in the gig economy. In addition to the rewards reaped by gig workers, they also face significant risks, such as precarious working conditions and algorithmic workplace monitoring...
Persistent link: https://www.econbiz.de/10014103098