John S. Earle, Klara Z. Sabirianova  Home/Search
Context
Related
| iza.org/publications/discus...dp196.pdf Cached: PS.gz PS PDF This document uses CoBlitz to cache paper downloads. If your firewall is blocking outgoing connections to port 3125, you can use these links to download local copies.
Image Update HelpPS.gz PS PDF From: iza.org/publica...ussionpaper2000 (more) (Enter author homepages) |
Rate this article:      (best)Comment on this article |
Abstract: We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network externality or strategic complementarity in the adoption of the practice. We study the case of three equilibria, distinguishing two that are stable: the "punctual payment equilibrium" and the "late... (Update)
Active bibliography (related documents): More All
0.9: Emergence of Endogenous Legal Institutions: The Rural Charters .. - Marco Casari (2000) (Correct)
0.8: Dispute Prevention without Courts in Vietnam - McMillan, Woodruff (1999) (Correct)
0.7: Microeconomic Aspects of Economic Growth in Eastern Europe and .. - Guriev, Ickes (Correct)
Similar documents based on text: More All
2.5: Hiring Standards and Market Clearing - Schlicht (Correct)
2.4: Social Evolution, Corporate Culture, - Schlicht (Correct)
2.3: Consistency in Organization - SchIicht (2003) (Correct)
BibTeX entry: (Update)
@misc{ earle-equilibrium,
author = "John S. Earle and Klara Z. Sabirianova",
title = "Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional
Lock-In",
url = "citeseer.ist.psu.edu/earle00equilibrium.html" }
Citations (may not include all citations):201 Contract Enforceability and Economic Institutions in Early T.. (context) - Avner - 1993
65 The Evolution of Conventions (context) - Peyton - 1993
30 Technology Adoption in the Presence of Network Externalities (context) - Michael, Shapiro - 1986
27 Law and Finance (context) - Porta, Florencio et al. - 1998
18 and Economic Performance (context) - Douglass, Institutions et al. - 1990
17 Equilibrium Unemployment as a Worker Discipline Device (context) - Carl, Stiglitz - 1984
16 Rationalizability, Learning, and Equilibrium in Games with S.. (context) - Paul, Roberts - 1990
15 The Iron Cage Revisited: Institutional Isomorphism and Colle.. (context) - Paul, Walter et al. - 1983
15 Crime and Social Interactions (context) - Edward, Sacerdote et al. - 1996
14 Corruption and Growth (context) - Paolo - 1995
13 Clio and the Economics of QWERTY (context) - Paul - 1985
12 Industrialization and the Big Push (context) - Kevin, Andrei et al. - 1989
12 Competing Technologies, Increasing Returns, and Lock-in by H.. (context) - Brian - 1989
11 Labor Contracts as Partial Gift Exchange (context) - George - 1982
11 Threshold Models of Collective Behavior (context) - Mark - 1978
6 Problems of Industrialization of Eastern and Southeastern Eu.. (context) - Paul - 1943
5 Specific Capital, Mobility, and Wages: Wages Rise with Job S.. (context) - Robert - 1991
5 Russia's Virtual Economy (context) - Clifford, Barry et al. - 1998
5 Social Osmosis and Patterns of Crime (context) - Raaj - 1991
4 A Theory of Social Custom, of Which Unemployment May be One .. (context) - George - 1980
4 The Invisible Hand and the Grabbing Hand (context) - Timothy, Shleifer - 1997
3 Observations on the Use of Law by Russian Enterprises (context) - Kathryn, Barry et al. - 1997
3 Transition as a Process of Large-Scale Institutional Change (context) - Mathias, Roland - 1996
3 Interpreting Panel Data on Job Tenure (context) - James, Audrey - 1992
3 Equilibrium Wage Distributions (context) - Joseph - 1985
3 Contract Enforcement Institutions: Historical Perspective an.. (context) - Avner, Kandel - 1995
3 Coordination, Commitment, and Enforcement: The Case of the M.. (context) - Avner, Milgrom et al. - 1994
3 Social Norms and Economic Incentives in the Welfare State (context) - Assar, Nyberg et al. - 1999
2 Promotions and Wage Growth (context) - Kristin - 1996
2 Interfirm Relationship and Informal Credit in Vietnam (context) - John, Woodruff - 1999
2 The Economics of Convention (context) - Peyton - 1996
2 The Economics of Strikes (context) - John - 1986
2 Understanding Wage Arrears in Russia (context) - John, Klara - 1998
2 The Role of Sectoral Interactions in Wage Determination in t.. (context) - Kevin, Pesaran - 1993
2 Multiple Expectational Equilibria under Monopolistic Competi.. (context) - Nobuhiro - 1988
2 Learning from the Behavior of Others: Conformity, Fads, and .. (context) - Sushil, Hirshleifer et al. - 1998
1 The Role of Institutions in the Revival of Trade: The Mediev.. (context) - Paul, Douglass et al. - 1990
1 Internal Migration in Russia During the Economic Transition (context) - Timothy - 1997
1 Migration and the Quasi-Labor Market in Russia (context) - Beth, Plane - 1995
1 Beyond Rosenstein-Rodan: The Modern Theory of Underdevelopme.. (context) - Karla - 2000
1 Evolution in Economics and in the Economic Reform of the Cen.. (context) - Peter - 1992
1 Coordinating Coordinating Failures in Keynsian Models (context) - Russell, John - 1988
1 How Much Unemployment is Needed for Restructuring: The Russi.. (context) - Richard, Richter - 1995
1 Wage Arrears in Russia (context) - Padma, Idson - 1998
1 Grime and Punishment: Job Insecurity and Wage Arrears in the.. (context) - Hartmut, Wadsworth et al. - 1999
1 The Politics of Labour Market Adjustment: The Case of Russia (context) - Vladimir - 1998
1 Work Organization, Employment Security, and Macroeconomic St.. (context) - David, Richard et al. - 1994
1 Alternative Theories of Wage Determination and Unemployment .. (context) - Joseph - 1974
1 Social Problems and Policy in Postcommunist Russia (context) - Anders - 1997
1 Pattern Bargaining: A Case Study of the Automobile Workers (context) - Harold - 1960
1 Ownership Transformation, Economic Behavior, and Political A.. (context) - John, Richard - 1996
1 Toward a Comparative Institutional Analysis (context) - Masa - 2000
1 Coordinating Regime Switches (context) - Christophe - 1999
1 Sample of the Russian Federation Rounds V, VI, and VII of th.. (context) - Swafford - 1997
1 1998: The Russian Federation (context) - Surveys - 1997
Documents on the same site (http://www.iza.org/publications/discussionpaper2000.html): More
Smoking, Discount Rates, and Returns to Education - Fersterer, Winter-Ebmer (Correct)
The Macroeconomics of Labor and . . . - Wasmer, al. (2000) (Correct)
Decomposition Analysis for a Binary Choice Model - Myeong-Su Yun Rutgers (Correct)
Online articles have much greater impact More about CiteSeer.IST Add search form to your site Submit documents Feedback
CiteSeer.IST - Copyright Penn State and NEC