Poaching, Courts, and Settlements:Complementarity of Governance in Labor Markets
Transition between private governance mechanism and the state court is not necessarily unidirectional. This research assumes that non-monotonic changes in governance mechanism comes from complementarity between the private and public mechanisms when neither of both is sufficiently efficient. Then it studies transition of governance in the labor market of Japanese silk-reeling industry from the 1890s to the 1920s, which rapidly grew then and often showed poaching, and ascertains that employers first had recourse to the court for enforcement of employment contract, they second built private mechanisms for settlement backed by the court, and third abandoned the private mechanism.
|Date of creation:||01 Jun 2009|
|Date of revision:||21 Jan 2014|
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- Lagerlöf, Nils-Petter, 2003. "Slavery and other property rights," MPRA Paper 372, University Library of Munich, Germany, revised 30 Aug 2006.
- Booth, Alison L & Frank, Jeff, 1997.
CEPR Discussion Papers
1593, C.E.P.R. Discussion Papers.
- Casey B. Mulligan & Andrei Shleifer, 2005. "The Extent of the Market and the Supply of Regulation," The Quarterly Journal of Economics, Oxford University Press, vol. 120(4), pages 1445-1473.
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