Productivity Shocks, Long-Term Contracts and Earnings Dynamics
收藏NBER2020-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28060
下载链接
链接失效反馈官方服务：
资源简介：
This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an economy with search frictions and firm commitment. We develop an equilibrium search model with worker and firm shocks and characterize the optimal contract offered by competing firms
提供机构：
美国国家经济研究局创建时间：
2020-11-01
