Literaturnachweis - Detailanzeige
Autor/inn/en | Hart, Robert A.; Ma, Yue |
---|---|
Titel | Wages, hours and human capital over the life cycle. |
Quelle | Bonn: Institute for the Study of Labor (IZA) (2000), [2], 27, IX S.
PDF als Volltext |
Reihe | IZA Discussion paper series. 139 |
Beigaben | grafische Darstellungen |
Sprache | englisch |
Dokumenttyp | online; Monographie; Graue Literatur |
Schlagwörter | Schätzung; Lebenszyklus; Bildungsinvestition; Investition; Lohn; Arbeitsvertrag; Arbeitszeit; Arbeitspapier; Theorie; Verhandeln; Großbritannien |
Abstract | We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage and hours schedules are concave. The model is tested with the British Household Panel Survey (1991-1997) and with the British Labour Force Survey (1993/4). |
Erfasst von | ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel |
Update | 2016/1 |