Related papers: Labor Contract Law -An Economic View
Electronic businesses are witnessing enormous growth as more and more people are switching to online platforms. The widespread use of Internet has opened new channels to operate trade for many businesses. Also electronic marketing has…
During the COVID-19 epidemic in China, millions of workers in tech companies had to start working from home (WFH). The change was sudden, unexpected and companies were not ready for it. Additionally, it was also the first time that WFH was…
While most social norms are informal, they are often formalized by companies in contracts to regulate trades of goods and services. When poorly written, contracts may contain normative conflicts resulting from opposing deontic meanings or…
Public-Private Partnership (PPP) is a contract between a public entity and a consortium, in which the public outsources the construction and the maintenance of an equipment (hospital, university, prison...). One drawback of this contract is…
This paper explores the evolution of occupations within the context of industry and technology life cycles, highlighting the critical yet underexplored intersection between occupational trends and broader economic dynamics. Introducing the…
We study the effect of Chile's Employment Protection Law (Ley de Protecci\'on del Empleo, EPL), a law which allowed temporal suspensions of job contracts in exceptional circumstances during the COVID-19 pandemic, on the fulfillment of…
We study the optimal design of electricity contracts among a population of consumers with different needs. This question is tackled within the framework of Principal-Agent problems in presence of adverse selection. The particular features…
In this paper, we evaluate the impact of a reform introduced in Italy in 2018 (Decreto Dignit\`a), which increased the rigidity of employment protection legislation (EPL) of temporary contracts, rolling back previous policies, to reduce job…
In the classical principal-agent problem, a principal must design a contract to incentivize an agent to perform an action on behalf of the principal. We study the classical principal-agent problem in a setting where the agent can be of one…
Using dedicated software to represent or enact legislation or regulation has the advantage of solving the inherent ambiguity of legal texts and enabling the automation of compliance with legal norms. On the other hand, the so-called…
This paper applies the Hotelling model to the context of exhaustible human resources in China. We find that over-exploitation of human resources occurs under conditions of restricted population mobility, rigid wage levels, and increased…
Large language models (LLMs) have made significant progress in natural language processing tasks and demonstrate considerable potential in the legal domain. However, legal applications demand high standards of accuracy, reliability, and…
The recent outbreak of the novel coronavirus (COVID-19) has infected millions of citizens worldwide and claimed many lives. This paper examines its impact on the Chinese e-commerce market by analyzing behavioral changes seen from a large…
Commercial contracts are known to be a valuable source for deriving project-specific requirements. However, contract negotiations mainly occur among the legal counsel of the parties involved. The participation of non-legal stakeholders,…
Clear legal language forms the backbone of a contract for numerous reasons. Disputes often arise between contract parties where ambiguous language has been used and parties often disagree on the meaning or effect of the words. Unambiguous…
This paper constructs internationally consistent measures of macroeconomic uncertainty. Our econometric framework extracts uncertainty from revisions in data obtained from standardized national accounts. Applying our model to post-WWII…
Online labor markets give people in poor countries direct access to buyers in rich countries. Economic theory and empirical evidence strongly suggest that this kind of access improves human welfare. However, critics claim that abuses are…
The competitive pressures in China's primary and secondary education system have persisted despite decades of policy interventions aimed at reducing academic burdens and alleviating parental anxiety. This paper develops a game-theoretic…
We develop a labor demand model that encompasses pre-match hiring cost arising from tight labor markets. Through the lens of the model, we study the effect of labor market tightness on firms' labor demand by applying novel shift-share…
The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets…