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A Continuous-Time Version of the Principal-Agent Problem

Yuliy Sannikov.

in The Review of Economic Studies

July 2008; p ublished online July 2008 .

Journal Article. Subjects: Demand and Supply of Labour; Wages, Compensation, and Labour Costs; Information, Knowledge, and Uncertainy. 12979 words.

This paper describes a new continuous-time principal-agent model, in which the output is a diffusion process with drift determined by the agent's unobserved effort. The risk-averse agent...

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Contractual Incompleteness, Unemployment, and Labour Market Segmentation

Steffen Altmann, Armin Falk, Andreas Grunewald and David Huffman.

in The Review of Economic Studies

January 2014; p ublished online October 2013 .

Journal Article. Subjects: Particular Labour Markets; Design of Experiments; Wages, Compensation, and Labour Costs; Mobility, Unemployment, and Vacancies; Labour and Demographic Economics. 15623 words.

This article provides evidence that involuntary unemployment, and the segmentation of labour markets into firms offering “good” and “bad” jobs, may both arise as a consequence of...

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Contradictions and misalignments in the EU approach towards the gender pay gap

Marco Peruzzi.

in Cambridge Journal of Economics

March 2015; p ublished online February 2015 .

Journal Article. Subjects: Labour Standards: National and International; Employment and Labour Law; Labour-Management Relations, Trade Unions, and Collective Bargaining; Wages, Compensation, and Labour Costs; Labour Discrimination. 15508 words.

The aim of this paper is to highlight the tensions within the EU’s ‘governance architecture’ concerning pay equality. Specifically, after a preliminary outline of the theoretical discussion...

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Corporate social responsibility and labour agency: the case of Nike in Pakistan

Peter Lund-Thomsen and Neil M. Coe.

in Journal of Economic Geography

March 2015; p ublished online December 2013 .

Journal Article. Subjects: Labour Standards: National and International; International Factor Movements and International Business; Labour-Management Relations, Trade Unions, and Collective Bargaining; Wages, Compensation, and Labour Costs; Manufacturing. 11339 words.

This article examines the circumstances under which corporate social responsibility (CSR) initiatives facilitate and/or constrain labour agency in global production networks (GPNs). Using a...

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Decomposing the Labor Market Earnings Inequality: The Public and Private Sectors in Vietnam, 1993–2006

Clément Imbert.

in The World Bank Economic Review

February 2013; p ublished online April 2012 .

Journal Article. Subjects: Particular Labour Markets; Wages, Compensation, and Labour Costs; Socialist Institutions and their Transitions. 9313 words.

In contrast with the typical transition to a market economy, earnings inequality in Vietnam between 1993 and 2006 appears to have decreased, and the earnings gap in favor of public...

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The Determinants of Earnings Inequalities: Panel Data Evidence from KwaZulu-Natal, South Africa

Andrew Kerr and Francis Teal.

in Journal of African Economies

August 2015; p ublished online April 2015 .

Journal Article. Subjects: Particular Labour Markets; Labour-Management Relations, Trade Unions, and Collective Bargaining; Wages, Compensation, and Labour Costs; Economic Development. 11515 words.

In this article we analyse the relative importance of individual ability and labour market institutions, including public sector wage setting and trade unions, in determining earnings...

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Developing an understanding of meaningful work in economics: the case for a heterodox economics of work

David A. Spencer.

in Cambridge Journal of Economics

May 2015; p ublished online December 2014 .

Journal Article. Subjects: Labour Standards: National and International; General Economics; Wages, Compensation, and Labour Costs. 7765 words.

The idea that work has meaning and is meaningful beyond its contribution to consumption has been largely absent from mainstream economics. This paper gives reasons for why mainstream...

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Differences in labour market outcomes between natives, refugees and other migrants in the UK

Isabel Ruiz and Carlos Vargas-Silva.

in Journal of Economic Geography

July 2018; p ublished online May 2018 .

Journal Article. Subjects: International Factor Movements and International Business; Wages, Compensation, and Labour Costs. 10953 words.

Abstract

Using 2010–2017 data we compare the labour market outcomes of refugees (those who migrated to seek asylum), natives (UK-born) and other migrants in...

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Distributional National Accounts: Methods and Estimates for the United States

Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

in The Quarterly Journal of Economics

May 2018; p ublished online October 2017 .

Journal Article. Subjects: Macroeconomics and Monetary Economics; Taxation, Subsidies, and Revenue; National Government Expenditures and Related Policies; Wages, Compensation, and Labour Costs. 20557 words.

Abstract

This article combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since 1913. Our...

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Divergent Paths: A New Perspective on Earnings Differences Between Black and White Men Since 1940

Patrick Bayer and Kerwin Kofi Charles.

in The Quarterly Journal of Economics

August 2018; p ublished online January 2018 .

Journal Article. Subjects: Demographic Economics; Wages, Compensation, and Labour Costs; Labour Discrimination; Law and Economics; Labour and Demographic Economics; Regional and Urban Economic History. 15506 words.

Abstract

We present new evidence on the evolution of black–white earnings differences among all men, including both workers and nonworkers. We study two...

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