Implicit Contracts with Heterogeneous Labor

1985 ◽  
Vol 3 (1, Part 1) ◽  
pp. 70-90 ◽  
Author(s):  
Larry Samuelson
Keyword(s):  
Implicit Contracts ◽  
Heterogeneous Labor

scholarly journals Who works for whom? Worker sorting in a model of entrepreneurship with heterogeneous labor markets

2019 ◽  
Vol 34 ◽  
pp. 244-266 ◽  
Author(s):  
Emin M. Dinlersoz ◽  
Henry R. Hyatt ◽  
Hubert P. Janicki
Keyword(s):  
Labor Markets ◽  
Heterogeneous Labor

scholarly journals Optimal job design in the presence of implicit contracts

2011 ◽  
Vol 42 (1) ◽  
pp. 44-69 ◽  
Author(s):  
Arijit Mukherjee ◽  
Luis Vasconcelos
Keyword(s):  
Job Design ◽  
Implicit Contracts

Optimal Government Policies Related to Unemployment

2017 ◽  
Vol 47 (1) ◽  
pp. 87-111
Author(s):  
Chia-Hui Lu
Keyword(s):  
Labor Market ◽  
Minimum Wage ◽  
Wage Rate ◽  
Optimal Allocation ◽  
Government Policies ◽  
Unemployment Compensation ◽  
Heterogeneous Labor ◽  
The Government ◽  
Hiring Costs

This article studies the optimal government policies related to unemployment in a frictional labor market. To achieve the optimal allocation, we find that the government should not issue unemployment compensation or subsidies for hiring costs. Moreover, as both firms and households experience disastrous consequences related to the minimum wage, the government should not intervene in the labor market to influence the wage rate and should not set any minimum wage. What the government can do is to make appropriate expenditures on matching efficacy. Furthermore, considering heterogeneous labor abilities in the model does not change our main finding.

Implicit Contracts and Dominant Shareholders

2003 ◽  
Author(s):  
Guilherme A. Brito ◽  
José Filipe Correia Guedes
Keyword(s):  
Implicit Contracts
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