Details about Jonathan Thomas

Homepage:	http://homepages.ed.ac.uk/jthomas1/
Phone:	(131) 650-4515
Postal address:	School of Economics University of Edinburgh 50 George Square Edinburgh EH8 9JY
Workplace:	School of Economics, University of Edinburgh, (more information at EDIRC)

Access statistics for papers by Jonathan Thomas.

Last updated 2023-05-08. Update your information in the RePEc Author Service.

Short-id: pth3

---

Jump to Journal Articles Software Items

Working Papers

2023

1. Employers associations, worker mobility, and training
   Nova SBE Working Paper Series, Universidade Nova de Lisboa, Nova School of Business and Economics
   Also in GLO Discussion Paper Series, Global Labor Organization (GLO) (2023)
2. Implicit Contracts and Asymmetric Pass-through of Productivity Shocks
   Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh

2022

3. Training, Worker Mobility, and Employer Coordination
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)

2018

4. Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (9)
   See also Journal Article Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2018) View citations (9) (2018)

2016

5. Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution
   Working Papers, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research View citations (2)
   Also in Nova SBE Working Paper Series, Universidade Nova de Lisboa, Nova School of Business and Economics (2016) View citations (4)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2016) View citations (3)
   See also Journal Article Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution, Journal of Labor Economics, University of Chicago Press (2018) View citations (13) (2018)

2014

6. A Competitive Model of Worker Replacement and Wage Rigidity
   CESifo Working Paper Series, CESifo
   See also Journal Article A COMPETITIVE MODEL OF WORKER REPLACEMENT AND WAGE RIGIDITY, Economic Inquiry, Western Economic Association International (2015) (2015)
7. Dynamic Relational Contracts under Complete Information
   SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (4)
   Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2014) View citations (4)
   See also Journal Article Dynamic relational contracts under complete information, Journal of Economic Theory, Elsevier (2018) View citations (4) (2018)

2011

8. Minu, Startu and All That: Pitfalls in Estimating the Sensitivity of a Worker's Wage to Aggregate Unemployment
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2010)
9. Risk Sharing in Dynamic Relational Contracts
   2011 Meeting Papers, Society for Economic Dynamics

2010

10. Dynamic Relational Contracts with Credit Constraints
    Economics Discussion Paper Series, Economics, The University of Manchester View citations (9)
11. Income Fluctuations and Asymmetric Information: An Example of the Repeated Principal Agent Problem
    Levine's Working Paper Archive, David K. Levine View citations (4)
    See also Journal Article Income fluctuation and asymmetric information: An example of a repeated principal-agent problem, Journal of Economic Theory, Elsevier (1990) View citations (254) (1990)
12. Measuring What Employers Really Do about Entry Wages over the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2010) View citations (15)
13. Minu, Startu and all that:- Pitfalls in estimating the sensitivity of a worker’s wage to aggregate unemployment
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE)

2009

14. Cohort effects within firms, and their implications for labour market outcomes and the business cycle
    SIRE Focus Papers, Scottish Institute for Research in Economics (SIRE)
15. Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics
    2009 Meeting Papers, Society for Economic Dynamics
    Also in CESifo Working Paper Series, CESifo (2006) View citations (2)
    Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2006) View citations (2)
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2006) View citations (4)
    See also Journal Article Labor Contracts, Equal Treatment, and Wage-Unemployment Dynamics, American Economic Journal: Macroeconomics, American Economic Association (2010) View citations (21) (2010)
16. Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)
    Also in CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2007)

2008

17. Dynamic Relational Contracts with Consumption Constraints
    2008 Meeting Papers, Society for Economic Dynamics
    Also in Keele Economics Research Papers, Centre for Economic Research, Keele University (2007)

2007

18. Limited Commitment Models of the Labour Market
    CESifo Working Paper Series, CESifo View citations (11)
    Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2007) View citations (11)
    Keele Economics Research Papers, Centre for Economic Research, Keele University (2007)
    See also Journal Article LIMITED COMMITMENT MODELS OF THE LABOUR MARKET, Scottish Journal of Political Economy, Scottish Economic Society (2007) View citations (11) (2007)

2005

19. Unemployment Insurance under Moral Hazard and Limited Commitment:Public versus Private Provision
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2002) View citations (1)
    See also Journal Article Unemployment Insurance under Moral Hazard and Limited Commitment: Public versus Private Provision, Journal of Public Economic Theory, Association for Public Economic Theory (2007) View citations (18) (2007)

2003

20. Bankruptcy Proceedings for Sovereign State Insolvency and their Effect on Capital Flows
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)
    Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2002)
    See also Journal Article Bankruptcy proceedings for sovereign state insolvency and their effect on capital flows, International Review of Economics & Finance, Elsevier (2004) View citations (2) (2004)

2002

21. Bankruptcy Proceedings for Sovereign State Insolvency
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)
    See also Journal Article Bankruptcy Proceedings for Sovereign State Insolvency, The World Economy, Wiley Blackwell (2004) View citations (2) (2004)
22. Gift-Giving, Quasi-Credit and Reciprocity
    CESifo Working Paper Series, CESifo View citations (10)
    Also in Keele Department of Economics Discussion Papers (1995-2001), Department of Economics, Keele University (2000)
    Development and Comp Systems, University Library of Munich, Germany (2000)
    See also Journal Article Gift-giving, Quasi-credit and Reciprocity, Rationality and Society (2002) View citations (9) (2002)
23. Unemployment Insurance under Moral Hazard and Limited Commitment: Public vs Private Provision
    Public Economics, University Library of Munich, Germany
    Also in Keele Economics Research Papers, Centre for Economic Research, Keele University (2002)

2001

24. Default Costs, Willingness to Pay and Sovereign Debt Buybacks
    International Finance, University Library of Munich, Germany View citations (1)
25. Fair pay and a Wagebill Argument for Wage Rigidity and Excessive Employment Variability
    Labor and Demography, University Library of Munich, Germany
    Also in CESifo Working Paper Series, CESifo (2000)
    Labor and Demography, University Library of Munich, Germany (2000)
26. Some Asymptotic Results in Discounted Repeated Games of One-Sided Incomplete Information
    Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh View citations (3)
    Also in Game Theory and Information, University Library of Munich, Germany (2000)
27. The consequences of staggered wage setting for the credibility of monetary policy
    Macroeconomics, University Library of Munich, Germany

2000

28. An Analysis of Labour Adjustment Costs in Unionized Economies
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (1)
    See also Journal Article An analysis of labour adjustment costs in unionized economies, Labour Economics, Elsevier (2001) View citations (12) (2001)
29. Cooperation and Punishment
    Game Theory and Information, University Library of Munich, Germany View citations (5)
    See also Journal Article Cooperation and Punishment, Econometrica, Econometric Society (2001) View citations (5) (2001)
30. Informal Insurance Arrangements in Village Economies
    Keele Department of Economics Discussion Papers (1995-2001), Department of Economics, Keele University
    Also in CUDARE Working Papers, University of California, Berkeley, Department of Agricultural and Resource Economics (1997) View citations (19)

1999

31. GRADUALISM AND IRREVERSIBILITY
    Economic Research Papers, University of Warwick - Department of Economics
    Also in CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick (1999) View citations (1)
    Economic Research Papers, University of Warwick - Department of Economics (1999)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1999)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1999)
    See also Journal Article Gradualism and Irreversibility, The Review of Economic Studies, Review of Economic Studies Ltd (2002) View citations (75) (2002)

1998

32. Mutual Insurance, Individual Savings and Limited Commitment
    Keele Department of Economics Discussion Papers (1995-2001), Department of Economics, Keele University
    See also Journal Article Mutual Insurance, Individual Savings and Limited Commitment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2000) View citations (115) (2000)

1996

33. Reputation in perturbed repeated games
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (26)
    See also Journal Article Reputation in Perturbed Repeated Games, Journal of Economic Theory, Elsevier (1996) View citations (29) (1996)

1995

34. Reputation and Punishment in Repeated Games With Two Long-Run Players
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
35. THE FOLK THEOREM IN REPEATED GAMES OF INCOMPLETE INFORMATION
    Economic Research Papers, University of Warwick - Department of Economics View citations (1)
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1995) View citations (2)

1993

36. POLICY EFFICIENCY IN A MODEL OF LOBBYING AND VOTING
    Economic Research Papers, University of Warwick - Department of Economics
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1993)
37. Pooling sovereignty risks: The case of environmental treaties and international debt
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (3)
    See also Journal Article Pooling sovereign risks: The case of environmental treaties and international debt, Journal of Development Economics, Elsevier (1998) View citations (7) (1998)

1992

38. Reputation and commitment in two-person repeated games
    Discussion Paper, Tilburg University, Center for Economic Research View citations (1)

1991

39. Foreign Direcyt Investment and the Risk of Expropriation
    Working Papers, Tilburg - Center for Economic Research View citations (2)
    Also in Economic Research Papers, University of Warwick - Department of Economics (1990) View citations (5)
    Discussion Paper, Tilburg University, Center for Economic Research (1991) View citations (13)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1991) View citations (4)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1990) View citations (14)
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (1990) View citations (6)
    See also Journal Article Foreign Direct Investment and the Risk of Expropriation, The Review of Economic Studies, Review of Economic Studies Ltd (1994) View citations (228) (1994)
40. Non-Computable Rational Expectations Equilibriua
    Working Papers, Tilburg - Center for Economic Research
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1991)
    See also Journal Article Non-computable rational expectations equilibria, Mathematical Social Sciences, Elsevier (1993) View citations (1) (1993)
41. The Missing Equilibria in Hotelling's Location Game
    Discussion Paper, Tilburg University, Center for Economic Research View citations (1)

1988

42. Cartel stability in an exhaustible resource model
    Discussion Papers, Series II, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy"
43. Minimax punishments in discounted two-person supergames
    Discussion Papers, Series II, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy"

1987

44. Income transfers to LDC's under asymmetric information: A two country model
    Discussion Papers, Series II, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy"

Journal Articles

2018

1. Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution
   Journal of Labor Economics, 2018, 36, (1), 47 - 74 View citations (13)
   See also Working Paper Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution, Working Papers (2016) View citations (2) (2016)
2. Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence
   Review of Economic Dynamics, 2018, 30, 265-284 View citations (9)
   See also Working Paper Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence, IZA Discussion Papers (2018) View citations (9) (2018)
   Software Item Code and data files for "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence", Computer Codes (2018) (2018)
3. Dynamic relational contracts under complete information
   Journal of Economic Theory, 2018, 175, (C), 624-651 View citations (4)
   See also Working Paper Dynamic Relational Contracts under Complete Information, SIRE Discussion Papers (2014) View citations (4) (2014)
4. Stochastic stability of monotone economies in regenerative environments
   Journal of Economic Theory, 2018, 173, (C), 334-360 View citations (9)

2017

5. Marginal Subsidies in Tullock Contests
   Journal of Public Economic Theory, 2017, 19, (2), 511-526 View citations (5)

2015

6. A COMPETITIVE MODEL OF WORKER REPLACEMENT AND WAGE RIGIDITY
   Economic Inquiry, 2015, 53, (1), 419-430
   See also Working Paper A Competitive Model of Worker Replacement and Wage Rigidity, CESifo Working Paper Series (2014) (2014)

2013

7. Optimal punishment in contests with endogenous entry
   Journal of Economic Behavior & Organization, 2013, 91, (C), 34-50 View citations (12)

2012

8. Measuring What Employers Do about Entry Wages over the Business Cycle: A New Approach
   American Economic Journal: Macroeconomics, 2012, 4, (4), 36-55 View citations (113)

2010

9. Downward Wage Rigidity in a Model of Equal Treatment Contracting
   Scandinavian Journal of Economics, 2010, 112, (4), 841-863 View citations (12)
10. Labor Contracts, Equal Treatment, and Wage-Unemployment Dynamics
    American Economic Journal: Macroeconomics, 2010, 2, (3), 98-127 View citations (21)
    See also Working Paper Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics, 2009 Meeting Papers (2009) (2009)

2007

11. INTRODUCTION TO SPECIAL ISSUE
    Scottish Journal of Political Economy, 2007, 54, (5), 601-605
12. LIMITED COMMITMENT MODELS OF THE LABOUR MARKET
    Scottish Journal of Political Economy, 2007, 54, (5), 750-773 View citations (11)
    See also Working Paper Limited Commitment Models of the Labour Market, CESifo Working Paper Series (2007) View citations (11) (2007)
13. Unemployment Insurance under Moral Hazard and Limited Commitment: Public versus Private Provision
    Journal of Public Economic Theory, 2007, 9, (1), 151-181 View citations (18)
    See also Working Paper Unemployment Insurance under Moral Hazard and Limited Commitment:Public versus Private Provision, 2005 Meeting Papers (2005) View citations (1) (2005)

2005

14. Fair pay and a Wage-Bill Argument for low Real Wage Cyclicality and Excessive Employment Variability
    Economic Journal, 2005, 115, (506), 833-859 View citations (5)
15. Wage Dynamics, Cohort Effects, and Limited Commitment Models
    Journal of the European Economic Association, 2005, 3, (2-3), 350-359 View citations (4)

2004

16. Bankruptcy Proceedings for Sovereign State Insolvency
    The World Economy, 2004, 27, (2), 265-279 View citations (2)
    See also Working Paper Bankruptcy Proceedings for Sovereign State Insolvency, WIDER Working Paper Series (2002) (2002)
17. Bankruptcy proceedings for sovereign state insolvency and their effect on capital flows
    International Review of Economics & Finance, 2004, 13, (3), 341-361 View citations (2)
    See also Working Paper Bankruptcy Proceedings for Sovereign State Insolvency and their Effect on Capital Flows, WIDER Working Paper Series (2003) (2003)

2002

18. Gift-giving, Quasi-credit and Reciprocity
    Rationality and Society, 2002, 14, (3), 308-352 View citations (9)
    See also Working Paper Gift-Giving, Quasi-Credit and Reciprocity, CESifo Working Paper Series (2002) View citations (10) (2002)
19. Gradualism and Irreversibility
    The Review of Economic Studies, 2002, 69, (2), 339-356 View citations (75)
    See also Working Paper GRADUALISM AND IRREVERSIBILITY, Economic Research Papers (1999) (1999)
20. Informal Insurance Arrangements with Limited Commitment: Theory and Evidence from Village Economies
    The Review of Economic Studies, 2002, 69, (1), 209-244 View citations (433)

2001

21. An analysis of labour adjustment costs in unionized economies
    Labour Economics, 2001, 8, (4), 475-501 View citations (12)
    See also Working Paper An Analysis of Labour Adjustment Costs in Unionized Economies, IZA Discussion Papers (2000) View citations (1) (2000)
22. Cooperation and Punishment
    Econometrica, 2001, 69, (4), 1061-75 View citations (5)
    See also Working Paper Cooperation and Punishment, Game Theory and Information (2000) View citations (5) (2000)

2000

23. Mutual Insurance, Individual Savings and Limited Commitment
    Review of Economic Dynamics, 2000, 3, (2), 216-246 View citations (115)
    See also Working Paper Mutual Insurance, Individual Savings and Limited Commitment, Keele Department of Economics Discussion Papers (1995-2001) (1998) (1998)

1999

24. IMF Conditionality as a Screening Device
    Economic Journal, 1999, 109, (454), C111-25 View citations (80)

1998

25. Pooling sovereign risks: The case of environmental treaties and international debt
    Journal of Development Economics, 1998, 55, (1), 173-190 View citations (7)
    See also Working Paper Pooling sovereignty risks: The case of environmental treaties and international debt, Kiel Working Papers (1993) View citations (3) (1993)

1997

26. Reputation and Experimentation in Repeated Games with Two Long-Run Players
    Econometrica, 1997, 65, (5), 1153-1174 View citations (17)
27. Reputation and Perfection in Repeated Common Interest Games
    Games and Economic Behavior, 1997, 18, (2), 141-158 View citations (19)

1996

28. A Noncooperative Analysis of Hotelling's Location Game
    Games and Economic Behavior, 1996, 12, (2), 165-186 View citations (28)
29. Reputation in Perturbed Repeated Games
    Journal of Economic Theory, 1996, 69, (2), 387-410 View citations (29)
    See also Working Paper Reputation in perturbed repeated games, Munich Reprints in Economics (1996) View citations (26) (1996)

1995

30. Probabilistic Voting, Campaign Contributions, and Efficiency
    American Economic Review, 1995, 85, (1), 254-59 View citations (3)
31. Reputation and Commitment in Two-Person Repeated Games without Discounting
    Econometrica, 1995, 63, (6), 1401-19 View citations (27)
32. Subgame-perfect attainment of minimax punishments in discounted two-person games
    Economics Letters, 1995, 47, (1), 1-4 View citations (6)
33. The confidence heuristic: A game-theoretic analysis
    Journal of Economic Psychology, 1995, 16, (1), 97-113 View citations (5)

1994

34. Foreign Direct Investment and the Risk of Expropriation
    The Review of Economic Studies, 1994, 61, (1), 81-108 View citations (228)
    See also Working Paper Foreign Direcyt Investment and the Risk of Expropriation, Working Papers (1991) View citations (2) (1991)

1993

35. Non-computable rational expectations equilibria
    Mathematical Social Sciences, 1993, 25, (2), 133-142 View citations (1)
    See also Working Paper Non-Computable Rational Expectations Equilibriua, Working Papers (1991) (1991)

1992

36. Sovereign debt: Ignorance can be bliss
    Journal of Development Economics, 1992, 39, (2), 389-396 View citations (8)

1990

37. Income fluctuation and asymmetric information: An example of a repeated principal-agent problem
    Journal of Economic Theory, 1990, 51, (2), 367-390 View citations (254)
    See also Working Paper Income Fluctuations and Asymmetric Information: An Example of the Repeated Principal Agent Problem, Levine's Working Paper Archive (2010) View citations (4) (2010)

1989

38. Asymptotic efficiency in principal-agent models with hidden information
    Economics Letters, 1989, 30, (4), 297-301 View citations (1)

1988

39. Self-Enforcing Wage Contracts
    The Review of Economic Studies, 1988, 55, (4), 541-554 View citations (303)

1982

40. The persistent effects of a change in government consumption
    Economics Letters, 1982, 9, (3), 229-233

Software Items

2018

1. Code and data files for "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2018) View citations (9) (2018)