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unanticipated changes in inflation increase the likelihood of a contract being renegotiated prior to its expiration. We find strong … and infrequent price shocks of either sign. When combined with evidence that ex ante contract durations are shorter during …
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unanticipated changes in inflation increase the likelihood of a contract being renegotiated prior to its expiration. We find strong … and infrequent price shocks of either sign. When combined with evidence that ex ante contract durations are shorter during … changes in the evolution of inflation. -- labor contract ; early renegotiation …
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In this paper we use a very large matched database on firms and employees to analyze the use of temporary agencies by low earners, and to estimate the impact of temp employment on subsequent employment outcomes for these workers. Our results show that, while temp workers have lower earnings than...
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