Implicit contracts and the cyclicality of the skill-premium

DOI10.1016/J.JEDC.2010.11.009zbMath1231.91313OpenAlexW2092667218MaRDI QIDQ543813

Panayiotis M. Pourpourides

Publication date: 17 June 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://carbsecon.com/wp/E2007_19.pdf

zbMATH Keywords

business cycleswagescapital-skill complementarityimplicit contractsskill-premium

Mathematics Subject Classification ID

Dynamic stochastic general equilibrium theory (91B51)

Related Items (2)

Tax smoothing in a business cycle model with capital-skill complementarity ⋮ The dynamics of working hours and wages under implicit contracts

Cites Work

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• On the cyclical allocation of risk
• WEALTH INEQUALITY: DATA AND MODELS
• On the Incidence of Unemployment
• Adjustment of Monthly or Quarterly Series to Annual Totals: An Approach Based on Quadratic Minimization

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