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share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …
Persistent link: https://www.econbiz.de/10003297489
OECD. We first model the wage determination process and show that unemployment, the labour share, and the wage differential … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … differentials, a higher labour share, and also higher unemployment. We then use a panel of OECD countries for the period 1970-96 to …
Persistent link: https://www.econbiz.de/10003035409
share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …
Persistent link: https://www.econbiz.de/10013318375
Although private equity firms are often criticized for layoffs, little evidence exists regarding which employees lose their jobs and why. We argue that explanations for the job polarization process can also explain layoffs after buyouts. Buyouts reduce agency problems, which triggers automation,...
Persistent link: https://www.econbiz.de/10010509073
Persistent link: https://www.econbiz.de/10012498930
before the crisis. Today, the unemployment rate is lower than the EU average, though Sweden no longer stands out in this …The economic crisis in the early 1990s brought about a dramatic increase in unemployment and a similar decrease in … labor force participation. Unemployment declined afterwards, but stabilized at around 6-7% - more than twice as high as …
Persistent link: https://www.econbiz.de/10011870633
generally do not affect unemployment incidence. However, unemployment incidence doubles for workers in less productive firms who …
Persistent link: https://www.econbiz.de/10013004889
In Sweden, as in many other countries, marginal groups tend to be overrepresented in non-standard employment. A … considerably smaller in Sweden, both for natives and foreign born, than those that have been found for other countries. This may be … due to a highly compressed wage structure and extensive coverage of collective bargaining in Sweden. On the whole, the …
Persistent link: https://www.econbiz.de/10011824750
Are there any differences in how men and women fare from unemployment in terms of the wages they receive on a new job … experience unemployment will suffer a reduction of subsequent wages while no such effect could be found for women. These findings … unemployment duration was rather short, which may have prevented general capital from depreciating. However, the presence of large …
Persistent link: https://www.econbiz.de/10011588568
Persistent link: https://www.econbiz.de/10012174660