This volume examines new theoretical developments in labour contracts and relates them to the actual content of such contracts, and to differences in labour contracts which depend on the specifics of the institutional environment in which they are negotiated. This study is done from an international perspective, by comparing differences in labour contracts among European countries and between Europe, Japan and the US. The comparison consists of a careful description of selected characteristics of labour contracts and traits of the institutional environment and an explanation of their national emergence. The novelty of the study lies in the integrated approach of practical specification of labour contracts and theoretical analysis based on economic principles of efficiency. Existing contract theory in labour economics is used and extended when necessary to explain the occurrence of certain contract clauses, the division between legal and private arrangements, the role and function of institutions in the labour market and so on.

Labor Market Contracts and Institutions: A Cross-national Comparison (Contributions to Economic Analysis, 218)

Business & Money

Theeuwes, Jules

Hartog, Joop

International Workshop for Labour Market

Economics

Emerald Publishing Limited

Corporatism or Competition? is concerned with the importance of institutions in determining labor market outcomes. There has been a great deal of research in the past ten years comparing wage differences, wage movements and employment behavior in different countries, none of which has been brought together in an organized and coherent fashion. The aim of this book is to fill the gap. The book is destined to become a standard work in labor economics.

Corporatism or Competition?: Labour Contracts, Institutions and Wage Structures in International Comparison

Teulings, Coen

Cambridge University Press

Corporatism or Competition? is concerned with the importance of institutions in determining labor market outcomes. There has been a great deal of research in the past ten years comparing wage differences, wage movements and employment behavior in different countries, none of which has been brought together in an organized and coherent fashion. The aim of this book is to fill the gap. The book is destined to become a standard work in labor economics.

1. 1 INTRODUCTION The final chapter of my Personal Income Distribution, a Hulticapability Theory (Hartog, 1981a) carried as its motto: 'Oh richness of the unfinished'. It concluded a book in which labor services were decomposed into services arising from different capabilities. Individuals were supposed to command stocks of capabilities and to decide on the utilization rates of these capabilities, by balanc ing efforts and rewards. The optimal capability bundle they so defined was to be realized by picking the job that just required this bundle. To derive analytical implications on the structure of the labor market and on the distribution of labor earnings, the key assumption was made that arbitrage in capability supply was possible, i. e. , that effectively capabilities could be sold separ ately and carried a uniform unit price throughout the labor market. While many interesting analytical and empirical results followed, there was also an indication from empirical testing that an earnings function linear in capabilities could be outperformed by a non-linear func- 2 CAPABILITIES, ALLOCATION AND EARNINGS tion, and that the arbitrage assumption might be un tenable. This book attempts to harvest a little from the richness of the unfinished that was left. It returns to some of the old topics and adds some new ones, in a more general model that no longer imposes the assumption that capabilities can be treated as if they can be unbundled. It also draws on new datasets to explore the issues empirically.

Capabilities, Allocation and Earnings

Springer

The Political Economy of Immigration in The Netherlands (Routledge Studies in Labour Economics)

Reference

Routledge

The basic message of this book is that the labor market can be usefully interpreted as a confrontation of workers who have heterogeneous capabilities and tastes with jobs that are heterogeneous in the potential productivity of given individual capability endowments. On the demand side the model is used to analyze division of labor, while on the supply side it is used to study schooling decisions and the effects of schools on the resulting structure of the labor force. Equilibrium is characterized and some optimimum properties are studied before the empirical work is presented. The empirical work consists of models for the allocation of individuals to jobs and of earnings functions. The relation between the two is studied and some underlying characteristics of the functioning of labor markets are demonstrated.

See the best price to sell, buy, or rent books by Hartog, Joop. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Hartog, Joop

See the best price to sell, buy, or rent books by Hartog, Joop. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Labor Market Contracts and Institutions: A Cross-national Comparison (Contributions to Economic Analysis, 218)

Corporatism or Competition?: Labour Contracts, Institutions and Wage Structures in International Comparison

Corporatism or Competition?: Labour Contracts, Institutions and Wage Structures in International Comparison

Capabilities, Allocation and Earnings

The Political Economy of Immigration in The Netherlands (Routledge Studies in Labour Economics)

Capabilities, Allocation and Earnings