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Denmark is often highlighted as a "flexicurity" country with lax employment protection legislation, generous unemployment insurance, and active labor market policies. This model has coped with the Great Recession and the Covid-19 pandemic, avoiding large increases in long-term and structural...
Persistent link: https://www.econbiz.de/10014290514
Low-wage employment has become an important feature of the labor market and a controversial topic for debate in many countries. How to interpret the prominence of lowpaid jobs and whether they are beneficial to workers or society is currently an open question. The answer depends on whether...
Persistent link: https://www.econbiz.de/10011507208
The Netherlands is an example of a highly institutionalized labor market that places considerable attention on equity concerns. The government and social partners (unions and industry associations) seek to adjust labor market arrangements to meet the challenges of increased international...
Persistent link: https://www.econbiz.de/10011777184
Economists typically predict that people are inherently selfish; however, experimental evidence suggests that this is often not the case. In particular, delegating a choice (such as a wage) to the performing party may imbue this party with a sense of responsibility, leading to improved outcomes...
Persistent link: https://www.econbiz.de/10011434026
Social networks, or “job-referral” networks, can help make labor markets become more efficient. Outside the firm, they help workers obtain employment after displacement and secure higher-paying jobs. They can also match highly-skilled workers to more productive employment. Inside the firm,...
Persistent link: https://www.econbiz.de/10011554865
significantly affects U.S. inward foreign direct investment. We find no evidence that relative wages have a significant impact on …
Persistent link: https://www.econbiz.de/10013134977
This paper exploits a rich and largely untapped source of information on the wages and other characteristics of …
Persistent link: https://www.econbiz.de/10013138351
Recent estimates in standard models of wage determination for both unionization and occupational licensing have shown wage effects that are similar across the two institutions. These cross-sectional estimates use specialized data sets, with small sample sizes, for the period 2006 through 2008....
Persistent link: https://www.econbiz.de/10013081831
This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI … paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …
Persistent link: https://www.econbiz.de/10013071300
This paper studies empirically the links between international trade and labor income risk faced by workers in the United States. We use longitudinal data on workers to estimate time-varying individual income risk at the industry level. We then combine our estimates of persistent labor income...
Persistent link: https://www.econbiz.de/10013159518