FACTORS INFLUENCING THE CHOICE OF CONTRACT IN THE LABOUR MARKET


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Abstract

The article analyzes the nature of contract and investigates factors influencing choice of form of labour contract between employer and employee. When making a decision they take into account not only the specific characteristics of the particular transaction and the accompanying transaction costs, but the current situation on the labour market and its institutional environment as well. Also, considerations on choosing the particular form of agreement have been introduced.

About the authors

M. G. Belyaeva

Department of Economics, Samara State Aerospace University, 34, Moskovskoye shosse, Samara, 443086, Russian Federation.

Author for correspondence.
Email: morenov.sv@ssau.ru

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