IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v110y1995i3p743-768..html
   My bibliography  Save this article

Is the Behavior of Hours Worked Consistent with Implicit Contract Theory?

Author

Listed:
  • Paul Beaudry
  • John DiNardo

Abstract

This paper examines the determinants of hours worked when employment relationships are influenced by risk-sharing considerations. The environment considered is an extension of the standard symmetric-information risk-sharing model that allows for the possibility of enforcement problems on the part of both the employer and the employee. We show that this class of risk-sharing models unambiguously predicts hours to be influenced by wages only through an income effect. Using data from the PSED, we find evidence in favor of this extended version of the risk-sharing model.

Suggested Citation

  • Paul Beaudry & John DiNardo, 1995. "Is the Behavior of Hours Worked Consistent with Implicit Contract Theory?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 743-768.
    • Handle: RePEc:oup:qjecon:v:110:y:1995:i:3:p:743-768.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/2946698
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:110:y:1995:i:3:p:743-768.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.