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Rules, Contract and Institution in the Wage-Labor Relationship: A Return to Institutionalism?

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Rules, Contract and Institution in the Wage-Labor Relationship: A Return to Institutionalism?
Author(s)Bazzoli, Laure; Kirat, Thierry; Villeval, Marie-Claire
AbstractReexaminations of the nature of the wage relationship lead to consideration of its institutional nature. Nevertheless, in the theoretical literature, contractual relationships are not always incorporated in a real institutional relationship. The interests of French and American institutional economists of the early twentieth century are reflected in the works of contemporary labor economists; it is therefore interesting to compare current work with the analyses of these early institutional economists. Convergences and divergences concerning the contractual and institutional dimensions of the wage-labor relationship will be emphasized in order to stress the potential of an institutionalist approach.
IssueNo4
Pages1137-1172
ArticleAccess to Article
SourceJournal of Economic Issues
VolumeNo28
PubDateDecember1994
ISBN_ISSN0021-3624
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