Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/75975 
Year of Publication: 
2002
Series/Report no.: 
CESifo Working Paper No. 738
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
While the theoretical literature on contracts has been enormous since the seventies, empirical tests of the theory have long remained scarce. However, new empirical work has been developed in the last ten years that sheds light on the empirical validation of the theory. This paper aims at surveying the recent empirical work on contracts. The focus throughout is on the need to properly account for unobserved heterogeneity.
Document Type: 
Working Paper
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