Self-Enforcing Wage Contracts Redux
Bibliographic Data
| ID | 24044028 |
|---|---|
| Authors | Jonathan Thomas (0000-0001-8706-5410), Tim Worrall (0000-0002-1017-6769) |
| Year | 2023 |
| Volume | 179 |
| Issue | 3-4 |
| Pages | 441-469 |
| Publication date | 2023-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Institutional and Theoretical Economics JITE (JOURNAL) |
| Journal identifiers | ISSN: 0932-4569 • E-ISSN: 1614-0559 |
| Publisher | Mohr Siebeck (PUBLISHER) |
| DOI | 10.1628/jite-2023-0039 |
| OpenAlex | W4389238718 |
| Language | EN |
This paper provides our reflections on self-enforcing wage contracts.We present a simple version of the model of Thomas and Worrall (1988) and explain its motivation, contribution, and methodology. We discuss some of its limitations, the development of literature, and its connection to the literature on relational contracting with an observable effort cost. We suggest some open questions for the future development of the literature.
Business · Economics · Labour economics · Redux · Wage · Digital Economy and Work Transformation · Engineering · Labor market dynamics and wage inequality · Labor Movements and Unions
| Highly cited | No |
|---|