The area of economics concerned with the supply and demand for labour, examining various factors influencing participation rates, wage bargaining, organized labour, and other workforce dynamics.
An employment contract that permits a worker to vary the starting and finishing time for work (within limits) provided a given total number of hours is supplied.
National Insurance contributions (NICs) are charges levied in the UK to help pay for social security, levied as fixed percentages of wages with exemptions for very low incomes.
An exploration of the search model in economics, focusing on the optimal decision-making of agents facing choices with random pay-offs and costly delays.