Showing 1 - 10 of 17
to accept a low wage in order to reduce the probability of unemployment, but less willing to lower the real wage if labor … unemployment and increases real and nominal wage rigidity. …
Persistent link: https://www.econbiz.de/10005423813
costs have the opposite tendency of lowering unemployment when such costs reduce the amount of labor reallocation. Lower … frictional unemployment is thus attained at the cost of a less efficient labor allocation. Matching models have this very same … increases in unemployment in response to layoff costs. …
Persistent link: https://www.econbiz.de/10005649204
This study analyzes under what labor- and product-market structures a firm may hire more labor than needed to produce its profit maximizing output. Three labor-market structures are studied: (1) decentralized (firm-specific unions), (2) one-sided centralization (central union and several firms),...
Persistent link: https://www.econbiz.de/10005423834
Based on direct information on hires and separations for 11.000 establishments during 11 years, we report new evidence that around half of job and worker flows stem from temporary contracts which account for only around 10 percent of employment. The share of temporary contracts is positively...
Persistent link: https://www.econbiz.de/10005649143
Economic growth in Cambodia came to an abrupt halt in 1997 as the home made political crisis and the external financial crisis took their toll. However, Cambodia has been comparatively mildly affected by the Asian crisis and provided that political stability can be achieved there are good...
Persistent link: https://www.econbiz.de/10005649173
economic performance. A characterization of a number of institutions and policy measures shows that they are likely to have …, incentives for wealth accumulation, wage-setting institutions and labor market regulations. Using original data, we provide …
Persistent link: https://www.econbiz.de/10005649235
This paper use Swedish establishment-level panel data on job turnover and wages to test the hypothesis of a positive relation between job reallocation and wage compression as proposed by Bertola & Rogerson (1997). The effect of wage dispersion on job turnover is negative and significant in the...
Persistent link: https://www.econbiz.de/10005649302
This paper decomposes the rise in cross-sectional earnings inequality in Sweden between 1990 and 2002 into changes in market prices of observable characteristics, changes in the composition of the labor force across demographic groups and industries, and changes in unobservables, and compares...
Persistent link: https://www.econbiz.de/10005207202
We document a clear increase in Swedish earnings inequality in the early 1990s. Inequality in disposable income and earnings net of taxes and transfers also increased, but much less than the increased inequality in pre-government earnings. These different developments are most likely explained...
Persistent link: https://www.econbiz.de/10005025463
This paper is concerned with the estimation of an employment relationship and employment efficiency under production risk using a panel of Zimbabwe's manufacturing industries. A flexible labour demand functions are used and consist of two parts: the traditional labour demand function and labour...
Persistent link: https://www.econbiz.de/10005649203