scientific article; zbMATH DE number 3807305

MaRDI QIDQ4750366zbMATH OpenFDO

Authors V. V. Chari

Publication date 1983

zbMATH Keywords

asymmetric informationtheory of the firmimplicit contractslabor market theoryexplanation of involuntary unemploymentinformational discrimination of labor

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Cited in

(8)

• Labor contracts and the role of monetary policy in an overlapping generations model
• What is a liquidity crisis?
• The dynamics of working hours and wages under implicit contracts
• Under- and overemployment in optimal layoff contracts
• A characterization of employment distortions in labor contracts with asymmetric information
• Underemployment with liquidity-constrained multi-period firms
• Optimal employment contracts with bankruptcy constraints
• A note on overemployment/underemployment in labor contracts under asymmetric information

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