Implicit Contract Theory - Rilegato

 
9781852787486: Implicit Contract Theory

Sinossi

This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market.

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Informazioni sull?autore

Edited by the late Sherwin Rosen, formerly, Edwin A. and Betty L. Bergman Professor, Department of Economics, University of Chicago, US

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