Costas Azariadis
- Implicit Contracts and Underemployment Equilibria
1975/12/01 by Costas Azariadis · 1,262 citations
Economics, Econometrics and Finance · Business, Management and Accounting · #Economic theories and models #Labor market dynamics and wage inequality #Financial Literacy, Pension, Retirement Analysis #Underemployment #Unemployment #Economics #Homogeneous #Product market #Product (mathematics) #Labour economics #Microeconomics #Work (physics) #Compensation (psychology) #Implicit contract theory #Risk aversion (psychology) #Expected utility hypothesis #Financial economics #Labor relations #Incentive #Macroeconomics