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dc.contributor.authorHart, Robert A.en
dc.contributor.authorMa, Yueen
dc.date.accessioned2009-01-28T16:18:20Z-
dc.date.available2009-01-28T16:18:20Z-
dc.date.issued2000-
dc.identifier.urihttp://hdl.handle.net/10419/20979-
dc.description.abstractWe investigate wage-hours contracts within a four-period rent sharing model that incorporatesasymmetric information. Distinctions are made among (a) an investment period, (b) a period inwhich the parties may separate (quits or layoffs) or continue rent accumulation and sharing, (c) apost investment period and, (d) retirement. We establish that increases in both wage rates andhours 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 BritishHousehold Panel Survey (1991-1997) and with the British Labour Force Survey (1993/4).en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x139en
dc.subject.jelJ33en
dc.subject.jelJ41en
dc.subject.ddc330en
dc.subject.keywordLifetime wage-hours contractsen
dc.subject.keywordasymmetric informationen
dc.subject.keywordestimated wage- and hourtenure profilesen
dc.subject.stwArbeitsvertragen
dc.subject.stwLohnverhandlungstheorieen
dc.subject.stwArbeitszeiten
dc.subject.stwBildungsinvestitionen
dc.subject.stwLebenszyklusen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwGroßbritannienen
dc.titleWages, Hours and Human Capital over the Life Cycle-
dc.typeWorking Paperen
dc.identifier.ppn834581612en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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