Working for references (Record no. 524251)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01254nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 231107b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Häfner, Samuel and Taylor,Curtis R. |
| 245 ## - TITLE STATEMENT | |
| Title | Working for references |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Microeconomics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 15(3), Aug, 2023: p.33-77 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | We analyze the incentive and welfare consequences of job references in a large economy marked by moral hazard, limited liability, exogenous job separation, and structural unemployment. In the firm-optimal equilibrium, employers provide references whenever production is successful, and workers holding references are hired with certainty in the ensuing period. Compared to a setting without references: the bonus-contract offers are lower, yet the workers' equilibrium effort is higher. Profits and welfare are higher, yet aggregate worker welfare is lower. Also, firms do not fully internalize the incentive effect of references and could typically increase profits and welfare by jointly raising bonuses.- Reproduced https://www.aeaweb.org/articles?id=10.1257/mic.20210299 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Job references |
| 9 (RLIN) | 45746 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Microeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | EMPLOYMENT |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2023-11-07 | 15(3), Aug, 2023: p.33-77 | AR130128 | 2023-11-07 | Articles |