Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20979
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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 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_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x139en_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.ppn834581612en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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