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Insurance and Labor Market Contracting: An Analysis of the Capital Market Assumption

In recent years a large literature has developed that investigates the role of insurance in labor market contracting. Papers in this literature typically assume that workers are completely restricted from borrowing. We argue, and to some extent demonstrate, that in many environments capital... Full description

1st Person: Haltiwanger, John
Additional Persons: Waldman, Michael verfasserin
Source: in Journal of labor economics : JOLE Vol. 4, No. 3 (1986), p. 355-375
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Type of Publication: Article
Language: English
Published: 1986
Keywords: research-article
Online: Volltext
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