Collaborative Research: Contract Theory and Labor Market Behavior: An Empirical Analysis

合作研究：契约理论与劳动力市场行为：实证分析

• 批准号: 9209573
• 负责人: Paul Beaudry
• 金额: --
• 依托单位: Trustees of Boston University
• 依托单位国家: 美国
• 项目类别: Continuing grant
• 财政年份: 1992
• 资助国家: 美国
• 起止时间: 1992-08-15 至 1995-07-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9209573&HistoricalAwards=false
• 关键词: Collaborative; Research; Contract; Theory; Labor

The purpose of this research is to determine whether a contractual approach to the labor market can help explain the movements of wages and hours worked over the business cycle. Important, preliminary findings using the contract approach have already shown great promise for analyzing these movements. The project will involve extending this preliminary work in several directions in order to further assess the empirical relevance of contracts in explaining labor market outcomes. Firstly, the type of contract model which is most consistent with individual level wage data will be developed and tested. Secondly, research will focus on how to estimate the intertemporal substitutability of leisure when employment relations are governed by long term contracts. Thirdly, individual level data from several different counties will be used to investigate how labor market flexibility can be compared when employment relations are governed by contracts. Finally, a market clearing contract model will be analyzed to determine whether such a model can explain the aggregate behavior of employment levels over the business cycle. This project is important because it will provide useful insights into the nature of the movement of wages subject to contractual relations over the business cycle.

本研究的目的是确定劳动力市场的契约方法是否有助于解释经济周期中工资和工作时间的变动。使用契约方法的重要初步发现已经显示出分析这些运动的巨大前景。该项目将涉及在几个方向上扩展这项初步工作，以进一步评估合同在解释劳动力市场结果方面的经验相关性。首先，将开发和测试与个人工资数据最一致的合同模型类型。其次，研究重点是当雇佣关系受长期合同约束时，如何估计休闲的跨期可替代性。第三，来自几个不同县的个人层面数据将用于研究当雇佣关系受合同约束时如何比较劳动力市场的灵活性。最后，将分析市场出清契约模型，以确定该模型是否可以解释经济周期内就业水平的总体行为。该项目很重要，因为它将为了解经济周期中受合同关系影响的工资变动的性质提供有用的见解。