Rent-sharing, Holdup, and Wages: Evidence from Matched Panel Data
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When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings records
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美国国家经济研究局创建时间：
2010-07-01
