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 autor: | Clark, G |
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Format: | Journal article |
Jezik: | English |
Izdano: |
Pion Ltd.
1983
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Teme: |
Slični predmeti
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