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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20979
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Hart, Robert A. | | en_US |
| dc.contributor.author | | Ma, Yue | | en_US |
| dc.date.accessioned | | 2009-01-28T16:18:20Z | | - |
| dc.date.available | | 2009-01-28T16:18:20Z | | - |
| dc.date.issued | | 2000 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/20979 | | - |
| dc.description.abstract | | We 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.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 139 | | en_US |
| dc.subject.jel | | J33 | | en_US |
| dc.subject.jel | | J41 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Lifetime wage-hours contracts | | en_US |
| dc.subject.keyword | | asymmetric information | | en_US |
| dc.subject.keyword | | estimated wage- and hourtenure profiles | | en_US |
| dc.subject.stw | | Arbeitsvertrag | | en_US |
| dc.subject.stw | | Lohnverhandlungstheorie | | en_US |
| dc.subject.stw | | Arbeitszeit | | en_US |
| dc.subject.stw | | Bildungsinvestition | | en_US |
| dc.subject.stw | | Lebenszyklus | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | Großbritannien | | en_US |
| dc.title | | Wages, Hours and Human Capital over the Life Cycle | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 316153044 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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| dp139.pdf | | 236.02 kB | Adobe PDF |
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