This book explores the micro-foundations and the macro-implications of the design of labour contracts. Introduction to the Series, 1. Overview, 2. The Basic Paradigm, 3. Restricted Contracts: Missing Contingencies, Asymmetric Information and Enforcement Problems, 4. Macroeconomic Implications of Labor Contracts, 5. Summary and Conclusions, References, Appendix A:Proof of Proposition 2, Appendix B, Index
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