It is shown that a class of models of joint wealth maximizing labor market turnover with wage renegotiation by mutual consent is subject to a testable re-striction on the joint behavior of wages, tenure, quits and layoffs. This restriction is rejected for some cohorts of the National Longitudinal Survey (NLS)
This paper is about how surpluses of labour contracts are shared by the employee and her firm. For t...
This paper analyzes the effect of severance payments on the probability of separation at given tenur...
All OECD countries have either legally mandated severance pay or compensations imposed by industry-l...
A general stochastic model of optimal job separation behavior is developed in this paper. The model ...
In a dynamic labor market worker-firm matches dissolve frequently causing workers to separate and fi...
This paper studies the ex-ante effect of worker separations on wage negotiations using matched worke...
The accepted and peer reviewed manuscript to the articleAll OECD countries have either legally manda...
We analyse how wage setting institutions and job-security provisions interact on unemployment. The a...
Weitzman (1983, 1984, 1985, 1986 and 1987) strongly advocated policy measures to introduce profit sh...
This paper investigates equilibria where firms post wage/tenure contracts and risk averse workers se...
Popular characterizations of union preferences assume that the income of laid-off union members is e...
We endogenize separation in a search model of the labor market and allow for bargaining over the con...
While most of the literature on employment protection has focused on government-mandated severance p...
Two essential aspects of many employment relationships are, (1) that they are meant to last a long t...
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the...
This paper is about how surpluses of labour contracts are shared by the employee and her firm. For t...
This paper analyzes the effect of severance payments on the probability of separation at given tenur...
All OECD countries have either legally mandated severance pay or compensations imposed by industry-l...
A general stochastic model of optimal job separation behavior is developed in this paper. The model ...
In a dynamic labor market worker-firm matches dissolve frequently causing workers to separate and fi...
This paper studies the ex-ante effect of worker separations on wage negotiations using matched worke...
The accepted and peer reviewed manuscript to the articleAll OECD countries have either legally manda...
We analyse how wage setting institutions and job-security provisions interact on unemployment. The a...
Weitzman (1983, 1984, 1985, 1986 and 1987) strongly advocated policy measures to introduce profit sh...
This paper investigates equilibria where firms post wage/tenure contracts and risk averse workers se...
Popular characterizations of union preferences assume that the income of laid-off union members is e...
We endogenize separation in a search model of the labor market and allow for bargaining over the con...
While most of the literature on employment protection has focused on government-mandated severance p...
Two essential aspects of many employment relationships are, (1) that they are meant to last a long t...
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the...
This paper is about how surpluses of labour contracts are shared by the employee and her firm. For t...
This paper analyzes the effect of severance payments on the probability of separation at given tenur...
All OECD countries have either legally mandated severance pay or compensations imposed by industry-l...