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- W2040725805 abstract "The first theoretical works on labor-contract length, Gray (1978) for example, emphasized the existence of a negative relation between contract duration and uncertainty. In estimating a linear version of Gray's contract-length model and an alternative model developed by Christofides and Wilton, our empirical results indicate little evidence of a negative relationship between length and uncertainty in the United States. Furthermore, our findings indicate the presence of significant differences across industries (at the two-digit SIC level) in the response of bargain duration to uncertainty." @default.
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- W2040725805 date "1991-06-01" @default.
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- W2040725805 title "The effects of real and nominal shocks on union-firm contract duration" @default.
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- W2040725805 doi "https://doi.org/10.1016/0304-3932(91)90014-f" @default.
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