It argues that under the condition of firm-specific human capital and asymmetric information,the ILM contracts are characterized by the long-term contracts based on incentive compatibility.

 
  • 从雇佣关系中存在的专用性人力资本投资、非对称信息方面研究内部劳动力市场的契约特征,得出内部劳动力市场契约是建立在激励相容基础上的长期契约关系。
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