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Involuntary Unemployment as a Principal-Agent Equilibrium

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  • Foster, James E
  • Wan, Henry Y, Jr

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  • Foster, James E & Wan, Henry Y, Jr, 1984. "Involuntary Unemployment as a Principal-Agent Equilibrium," American Economic Review, American Economic Association, vol. 74(3), pages 476-484, June.
    • Handle: RePEc:aea:aecrev:v:74:y:1984:i:3:p:476-84
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    Cited by:

    1. Moen, Espen R. & Rosén, Åsa, 2003. "Equilibrium Incentive Contracts," Working Paper Series 3/2003, Stockholm University, Swedish Institute for Social Research.
    2. Cornelissen, Thomas & Heywood, John S. & Jirjahn, Uwe, 2011. "Performance pay, risk attitudes and job satisfaction," Labour Economics, Elsevier, vol. 18(2), pages 229-239, April.
    3. Espen R. Moen & Åsa Rosén, 2006. "Equilibrium Incentive Contracts and Efficiency Wages," Journal of the European Economic Association, MIT Press, vol. 4(6), pages 1165-1192, December.
    4. Maskin, Eric & Riley, John, 1985. "Input versus output incentive schemes," Journal of Public Economics, Elsevier, vol. 28(1), pages 1-23, October.
    5. O'Higgins, Niall, 2001. "Youth unemployment and employment policy: a global perspective," MPRA Paper 23698, University Library of Munich, Germany.
    6. Uwe Jirjahn, 2006. "A Note on Efficiency Wage Theory and Principal–Agent Theory," Bulletin of Economic Research, Wiley Blackwell, vol. 58(3), pages 235-252, July.
    7. George A. Akerlof, 2003. "Behavioral Macroeconomics and Macroeconomic Behavior," The American Economist, Sage Publications, vol. 47(1), pages 25-47, March.
    8. Esfahani, Hadi Salehi & Mookherjee, Dilip, 1995. "Productivity, contracting modes, and development," Journal of Development Economics, Elsevier, vol. 46(2), pages 203-231, April.
    9. George A. Akerlof & Lawrence F. Katz, 1986. "Do Deferred Wages Dominate Involuntary Unemployment as a Worker Discipline Device?," NBER Working Papers 2025, National Bureau of Economic Research, Inc.
    10. Dilip Mookherjee, 1999. "Contractual Constraints on Firm Performance in Developing Countries," Boston University - Institute for Economic Development 98, Boston University, Institute for Economic Development.

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