Self-Enforcing Wage Contracts
- 1 October 1988
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 55 (4) , 541-554
- https://doi.org/10.2307/2297404
Abstract
We examine long-term wage contracts between a risk-neutral firm and a risk-averse worker when both can costlessly renege and buy or sell labour at aThis publication has 0 references indexed in Scilit: