Fluctuations and rigidities in local labor markets, part II: reinterpreting contract theory
Local labor markets are characterized by rigidities in their patterns of adjustment to short-run fluctuations. With or without unions, fluctuations in employment, hours worked, and money wages are unlike the patterns predicted by conventional discrete-exchange labor-market theories. Moreover there a...
Glavni avtor: | |
---|---|
Format: | Journal article |
Jezik: | English |
Izdano: |
Pion Ltd.
1983
|
Teme: |