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Equilibrium Unemployment Insurance
Hassler, John; Mora, Rodríguez; Vicente, José; … - C.E.P.R. Discussion Papers - 1999
In this paper, we incorporate a positive theory of unemployment insurance into a dynamic overlapping generations model with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical rational agents, but differing in the initial distribution...
Persistent link: https://www.econbiz.de/10005067497
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Employment, Innovation and Union Bargaining Models: New Tests and Evidence from UK Manufacturing Firms
Van Reenen, John - C.E.P.R. Discussion Papers - 1994
This paper investigates the impact of innovation on employment using a panel of UK manufacturing firms and a headcount … bargaining models. It also argues that the innovation effect can be used to distinguish between shirking models and union … bargains. Innovation is found to have positive effect on company employment raising it by 9--12% in the short run and up to 40 …
Persistent link: https://www.econbiz.de/10005067666