FIXED-WAGES, WAGE DIFFERENTIALS AND WORKER HETEROGENEITIES

被引：0
|
作者：
Carlier, Guillaume [3 ]
Gaumont, Damien [1 ,2 ]
机构：
[1] Univ Paris 02, ERMES, CNRS, UMR 7181, F-75231 Paris 05, France
[2] Inst Labour Studies & Publ Policies, CNRS, FR 3126, Paris, France
[3] Univ Paris 09, CEREMADE, CNRS, UMR 7534, F-75775 Paris 16, France
来源：
AUSTRALIAN ECONOMIC PAPERS | 2008年 / 47卷 / 04期
关键词：
D O I：
10.1111/j.1467-8454.2008.00352.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study incentive-compatible labour contracts in the case where individual productivity, preference for leisure and time preference rate are unobservable by the principal in a two-period model. We first reduce this three-dimensional problem to a standard one-dimensional screening problem. Features of second-best labour contracts provide a rationale for both fixed-wages and wage differentials.
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页码：320 / 333
页数：14
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