Similar Search Results

Sorting and the Output Loss Due to Search Frictions

Gautier, Pieter A.; Teulings, Coen N. - 2021

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

Persistent link: https://www.econbiz.de/10013316070

Strategic Outsourcing, Profit Sharing and Equilibrium Unemployment

Koskela, Erkki; Koenig, Jan - 2021

, profit sharing, and equilibrium unemployment depending on whether in other industries profit share is or is not a part of the …. Under flexible profit sharing wage is higher if optimal profit share is small enough. For equilibrium unemployment, we find … that if there is no profit sharing in other industries, outsourcing will decrease the unemployment rate. But if profit …

Persistent link: https://www.econbiz.de/10013316651

Skills, Signals, and Employability : An Experimental Investigation

Piopiunik, Marc - 2018

As skills of labor-market entrants are usually not directly observed by employers, individuals acquire skill signals. To study which signals are valued by employers, we simultaneously and independently randomize a broad range of skill signals on pairs of resumes of fictitious applicants among...

Persistent link: https://www.econbiz.de/10012924449

Employment Effects of Payroll Tax Subsidies

Collischon, Matthias - 2018

This paper exploits several reforms of wage subsidies in the framework of the German Minijob program to investigate substitution and complementarity relationships between subsidized and non-subsidized labor demand. We apply an instrumental variables approach and use administrative data on German...

Persistent link: https://www.econbiz.de/10012913189

Market Externalities of Large Unemployment Insurance Extension Programs

Lalive, Rafael - 2013

program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …

Persistent link: https://www.econbiz.de/10013075133

A Continuous Theory of Income Insurance

Lindbeck, Assar - 2010

In this paper we treat an individual's health as a continuous variable, in contrast to the traditional literature on income insurance, where it is regularly treated as a binary variable. This is not a minor technical matter; in fact, a continuous treatment of an individual's health sheds new...

Persistent link: https://www.econbiz.de/10013141884

Is a Minimum Wage an Appropriate Instrument for Redistribution?

Gerritsen, Aart - 2014

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

Persistent link: https://www.econbiz.de/10013059059

Probabilistic Aging

Grafenhofer, Dominik; Jaag, Christian; Keuschnigg, Christian - 2021

The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different...

Persistent link: https://www.econbiz.de/10013318579

A Politico-Economic Analysis of Minimum Wages and Wage Subsidies

Adam, Antonis - 2010

In this paper we construct a political economy model in which minimum wages are determined according to the wishes of the median voter. Using the minimum wage scheme as the status quo, we show that the replacement of minimum wages by wage subsidies guaranteeing the same (pre-tax) level of income...

Persistent link: https://www.econbiz.de/10012760615

Can Profit Sharing Lower Flexible Outsourcing? A Note

Koskela, Erkki - 2009

We analyze the following question associated with flexible outsourcing under imperfect domestic labour market: How does the implementation of profit sharing influence flexible outsourcing? We show that in general profit sharing has a negative effect on low skilled wage and thus an outsourcing...

Persistent link: https://www.econbiz.de/10012763993