The labor market and corporate structure

European Economic Review

Volumn 46, Issue 10, 2002, Pages 1733-1756

  Acemoglu, Daron ^a   Newman, Andrew F ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b UNIVERSITY COLLEGE LONDON   (United Kingdom)

Author keywords

Corporate structure; Efficiency wages; Labor market regulations; Monitoring; Moral hazard

Indexed keywords

CORPORATE STRATEGY; INDUSTRIAL STRUCTURE; LABOR MARKET; LABOR SUPPLY;

EID: 0036913970     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(01)00199-4     Document Type: Article

References (20)

1. Acemoglu, D., 1999. Changes in unemployment and wage inequality: An alternative theory and some evidence. American Economic Review 89, 1259-1278.
2. Appelbaum, E., Batt, R., 1994. The New American Workplace. ILR Press, New York.
3. Bulow, J., Summers, L., 1986. A theory of dual labor markets with application to industrial policy, discrimination and keynesian unemployment. Journal of Labor Economics 4, 376-415.
4. Calvo, G., Wellisz, S., 1979. Hierarchy, ability and income distribution. Journal of Political Economy 87, 991-1010.
5. Caroli, E., van Reenen, J., 1999. Wage inequality and organizational change. Mimeo., University College London.
6. Chandler, A.E., 1977. The Visible Hand: The Managerial Revolution in American Business. Harvard University Press, Cambridge, MA.
7. Foster, J.E., Wan, H.Y., 1984. Involuntary underemployment as a principal-agent equilibrium. American Economic Review 74, 476-484.
8. Freeman, R., 1995. Are your wages set in Beijing? Journal of Economic Perspectives 9, 15-32.
9. Freeman, R., Lazear, E., 1994. An economic analysis of works councils. In: Rogers, J., Streeck, W. (Eds.), Works Councils: Consultation, Representation and Cooperation in Industrial Relations. University of Chicago Press, Chicago.
10. Gibbons, R., 1996. Incentives and careers in organizations. In: Kreps, D., Wallis, K. (Eds.), Advances in Economics and Econometrics: Theory and Applications. Cambridge University Press, Cambridge.
11. Gordon, D., 1996. Fat and Mean: The Corporate Squeeze of Working Americans and the Myth of Corporate Downsizing. Martin Kessler Books, New York.
12. Holmstrom, B., 1979. Moral hazard and observability. Bell Journal of Economics 13, 324-340.
13. Katz, L., 1987. E?ciency wage theories: A partial evaluation. In: Blanchard, O., Fischer, A.S. (Eds.), NBER Macroeconomic Annual 1986, MITPress, Cambridge, MA, pp. 176-235.
14. Katz, L., Loveman, G.W., BlanchKower, D.G., 1995. A comparison of changes in the structure of wages in four OECD countries. In: Freeman, R., Katz, L. (Eds.), DiGerences and Changes in Wage Structures. National Bureau of Economic Research, University of Chicago Press, Chicago.
15. Kremer, M., Maskin, E., 1998. Wage Inequality and Segregation by Skill. National Bureau of Economic Research Working Paper no. 5718.
16. Legros, P., Newman, A.F., 1996. Wealth effects, distribution and the theory of organization, Journal of Economic Theory 70 (2), 312-341.
17. Prendergast, C., 1999. The provision of incentives and firms. Journal of Economic Literature 28, 7-63.
18. Rebitzer, J.B., Taylor, L.J., 1991. A model of dual labor markets when product demand is uncertain. Quarterly Journal of Economics 106 (4), 1373-1383.
19. Shapiro, C., Stiglitz, J., 1984. Unemployment as a worker discipline device. American Economic Review 74, 433-444.
20. Weiss, A., 1990. E?ciency Wages: Models of Unemployment, LayoGs and Wage Dispersion. Princeton University Press, Princeton, NJ.