Career Concerns, Contracts, and Effort Distortions

A-Tier
Journal: Journal of Labor Economics
Year: 2002
Volume: 20
Issue: 1
Pages: 42-58

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A two-period, career-concerns model with symmetric information but uncertainty about each worker's ability is analyzed. Contracts are unobservable, but incomes are observable. It is shown that effort is distorted upward by contracts being unobservable and that the distortion depends positively on turnover.

Technical Details

RePEc Handle
repec:ucp:jlabec:v:20:y:2002:i:1:p:42-58
Journal Field
Labor
Author Count
1
Added to Database
2026-01-24