1 option
Optimal Labor Contracts, Imperfect Competition and Underemployment Equilibria: A Framework for Analysis / Russell Cooper.
- Format:
- Book
- Author/Creator:
- Cooper, Russell.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w2060.
- NBER working paper series no. w2060
- Language:
- English
- Subjects (All):
- Competition, Imperfect--Mathematical models.
- Competition, Imperfect.
- Labor supply--Mathematical models.
- Labor supply.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Optimal Labor Contracts, Imperfect Competition and Underemployment Equilibria
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1986.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1986.
- Summary:
- This paper examines the macroeconomic properties of imperfectly competitive economies. The focus is on the coordination failures that might arise in these economies, a study of alternative policies and the comparative static properties of these models. This paper differs from others in this area by modeling the labor market from the perspective of optimal contract theory. This permits an evaluation of the role of labor market behavior in producing these coordination failures and a study of labor market policies (such as unemployment insurance and alternative compensation schemes).
- Notes:
- Print version record
- October 1986.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.