Asymmetric Information, Long Term Labor Contracts, Inefficient Job Separations
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References listed on IDEAS
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- Grossman, Sanford J & Hart, Oliver D, 1981. "Implicit Contracts, Moral Hazard, and Unemployment," American Economic Review, American Economic Association, vol. 71(2), pages 301-07, May.
- Robert E. Hall & Edward P. Lazear, 1982.
"The Excess Sensitivity of Layoffs and Quits to Demand,"
NBER Working Papers
0864, National Bureau of Economic Research, Inc.
- Hall, Robert E & Lazear, Edward P, 1984. "The Excess Sensitivity of Layoffs and Quits to Demand," Journal of Labor Economics, University of Chicago Press, vol. 2(2), pages 233-57, April.
- Lorne Carmichael, 1983.
"Firm-Specific Human Capital and Promotion Ladders,"
Bell Journal of Economics,
The RAND Corporation, vol. 14(1), pages 251-258, Spring.
- Hashimoto, Masanori, 1979. "Bonus Payments, on-the-Job Training, and Lifetime Employment in Japan," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 1086-1104, October.
- Feldstein, Martin S, 1976. "Temporary Layoffs in the Theory of Unemployment," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 937-57, October.
- Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
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