Three Solitudes in Contract: Law, Data, and Theory

11 Pages Posted: 5 Nov 2007

See all articles by W. Bentley MacLeod

W. Bentley MacLeod

Columbia University - Department of Economics; National Bureau of Economic Research (NBER); IZA Institute of Labor Economics

Abstract

This note discusses and contrasts the different perspectives that the law, empirical labor economics and contract theory bring to the study of the employment relationship. Understanding the reasons for these different perspectives should give rise to a better understanding of the employment relationship and more effective labor market policy.

Suggested Citation

MacLeod, William Bentley, Three Solitudes in Contract: Law, Data, and Theory. Scottish Journal of Political Economy, Vol. 54, Issue 5, pp. 606-616, November 2007. Available at SSRN: https://ssrn.com/abstract=1026464 or http://dx.doi.org/10.1111/j.1467-9485.2007.00432.x

William Bentley MacLeod (Contact Author)

Columbia University - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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IZA Institute of Labor Economics ( email )

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