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How New is the "New Employment Contract"? Evidence from North American Pay Practices

Author

Listed:
  • David I. Levine

    (University of California, Berkeley)

  • Dale Belman

    (Michigan State University)

  • Gary Charness

    (University of California, Santa Barbara)

  • Erica L. Groshen

    (Federal Reserve Bank of New York)

  • K.C. O'Shaughnessy

    (Western Michigan University)

Abstract

This book explores this apparent change in the employment contract from a new perspective. Whereas earlier studies in this area focused on the rigidities in the quantity side of the employment relationship, e.g., changes in job tenure and rates of displacement, the authors focus on the price side of the contract - whether wage structures have become more flexible.

Suggested Citation

  • David I. Levine & Dale Belman & Gary Charness & Erica L. Groshen & K.C. O'Shaughnessy, 2002. "How New is the "New Employment Contract"? Evidence from North American Pay Practices," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number nec, August.
    • Handle: RePEc:upj:ubooks:nec
    Note: PDF is the book's first chapter.
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    Citations

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    Cited by:

    1. Comin, Diego & Groshen, Erica L. & Rabin, Bess, 2009. "Turbulent firms, turbulent wages?," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 109-133, January.
    2. Gerlach, Knut & Stephan, Gesine, 2005. "Individual tenure and collective contracts," IAB-Discussion Paper 200510, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    3. Gerlach, Knut & Levine, David I. & Stephan, Gesine & Struck, Olaf, 2005. "The Acceptability of Layoffs and Pay Cuts: Comparing North America with Germany," Institute for Research on Labor and Employment, Working Paper Series qt1k21d0rg, Institute of Industrial Relations, UC Berkeley.
    4. Christopher L. ERICKSON & Daniel J.B. MITCHELL, 2007. "Monopsony as a metaphor for the emerging post-union labour market," International Labour Review, International Labour Organization, vol. 146(3-4), pages 163-187, September.
    5. Espen Bratberg & Kjell G. Salvanes & Kjell Vaage, 2010. "Has Job Stability Decreased? Population Data from a Small Open Economy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(1), pages 163-183, March.
    6. Knut Gerlach & Gesine Stephan, 2008. "A Note on Job Tenure and Collective Contracts," LABOUR, CEIS, vol. 22(1), pages 167-183, March.

    More about this item

    Keywords

    employment contracts; compensation; flexibile compensation; flexibility;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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