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dc.contributor.authorHart, Robert A.en_US
dc.contributor.authorMa, Yueen_US
dc.date.accessioned2009-01-28T16:18:20Z-
dc.date.available2009-01-28T16:18:20Z-
dc.date.issued2000en_US
dc.identifier.urihttp://hdl.handle.net/10419/20979-
dc.description.abstractWe investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage and hours schedules are concave. The model is tested with the British Household Panel Survey (1991-1997) and with the British Labour Force Survey (1993/4).en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 139en_US
dc.subject.jelJ33en_US
dc.subject.jelJ41en_US
dc.subject.ddc330en_US
dc.subject.keywordLifetime wage-hours contractsen_US
dc.subject.keywordasymmetric informationen_US
dc.subject.keywordestimated wage- and hourtenure profilesen_US
dc.subject.stwArbeitsvertragen_US
dc.subject.stwLohnverhandlungstheorieen_US
dc.subject.stwArbeitszeiten_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwLebenszyklusen_US
dc.subject.stwSchätzungen_US
dc.subject.stwTheorieen_US
dc.subject.stwGroßbritannienen_US
dc.titleWages, Hours and Human Capital over the Life Cycleen_US
dc.typeWorking Paperen_US
dc.identifier.ppn316153044en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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