Contracts and Money
收藏NBER1996-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5637
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资源简介：
We analyze the contractual relation between workers and their employers when there is nominal risk. The key feature of the problem is that the consumption deflator is random and observed sometime after the effort is exerted. The worker's effort is not observable, and to induce the agent to work,
提供机构：
美国国家经济研究局
创建时间：
1996-06-01
