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This book explores this apparent change in the employment contract. Whereas earlier studies in this area focused on the rigidities in the quantity side of the employment relationship, e.g., changes in job tenure and rates of displacement, the authors focus on the price side of the contract - whether wage structures have become more flexible.


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  1. Introduction
  2. Theories of Internal Labor Markets
  3. Changes in Internal Labor Markets
  4. Wage Structures at Large and Small Employers
  5. Changes in Wage Structures within and between Employers
  6. Job Characteristics, Skills, and Wages
  7. Changes in Attitudes toward Pay Flexibility
  8. Conclusions


9780880992329 (cloth) ; 9780880992312 (pbk.) ; 9780585470283 (ebook)

Subject Areas

LABOR MARKET ISSUES; Job security and unemployment dynamics; Wages, health insurance and other benefits; Inequality

How New Is the




Levine, David I., Dale Belman, Gary Charness, Erica L. Groshen, and K.C. O'Shaughnessy. 2002. How New Is the "New Employment Contract"?: Evidence from North American Pay Practices. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.

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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.