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Portrait of Fredrik Andersson. Photo.

Fredrik Andersson

Professor, Head of the Department of Economics

Portrait of Fredrik Andersson. Photo.

Career concerns, contracts, and effort distortions

Author

  • Fredrik Andersson

Summary, in English

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.

Department/s

  • Department of Economics

Publishing year

2002

Language

English

Pages

42-58

Publication/Series

Journal Labor Economics

Volume

20

Issue

1

Document type

Journal article

Publisher

University of Chicago Press

Topic

  • Economics

Status

Published

ISBN/ISSN/Other

  • ISSN: 1537-5307