Title of article
A note on wage differentials, fixed-wages and adverse selection
Author/Authors
G. Carlier، نويسنده , , D. Gaumont، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
8
From page
349
To page
356
Abstract
Using a substitution property of worker’s types (productivity and time preference), we propose an explanation for both fixed-wages and wage differentials. Fixed-wages result in bunching at the optimum. Equally productive workers with different time preference accept different wages
Keywords
Fixed-wages , Labor contracts , Adverse selection , Heterogeneous time preference , Wage differentials
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
435061
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