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UNEMPLOYMENT, PARTICIPATION AND MARKET SIZE

Keller, Godfrey; Roberts, Kevin; Stevens, Margaret - University <Oxford> / Department of Economics - 2007

We construct an equilibrium random matching model of the labour market, withendogenous market participation and a … general matching technology that allows formarket size effects: the job-finding rate for workers and the incentives for … participationchange with the level of unemployment. In comparison to standard modelswith constant returns to scale in matching, agent …

Persistent link: https://www.econbiz.de/10005870139

Hierarchical Sorting and Learning Costs: Theory and Evidence from the Law

Garicano, Luis; Hubbard, Thomas N. - University <Chicago, Ill.> / Department of Economics; … - 2005

Garicano and Rossi-Hansberg (2003) show that knowledge-based hierarchies arecharacterized by positive sorting between workers and managers when knowledgeacquisition takes place before production. We extend the analysis and find thatcomplementarities between manager and worker skill are even...

Persistent link: https://www.econbiz.de/10008860698

Rural labor and credit markets

Caselli, Francesco - London School of Economics and Political Science - 1996

This paper studies changes over time in the incidence of labor tying. The existingliterature is successful in explaining the emergence of this institution, but contains thecounterfactual implication that there should be an increasing trend in labor tying. However,previous contributions have so...

Persistent link: https://www.econbiz.de/10009305096

Severance Pay Mandates: Firing Costs,Hiring Costs, and Firm Avoidance Behaviors

Parsons, Donald O. - Institut zur Zukunft der Arbeit <Bonn> - 2011

The potentially adverse labor market effects of severance pay mandates are a continuingsource of policy concern. In a seminal study, Lazear (1990) found that contract avoidance ofseverance pay firing costs was theoretically simple – a bonding scheme would do – but thatempirically the labor...

Persistent link: https://www.econbiz.de/10009347582

Temporary Contracts and Monopsony Powerin the UK Labour Market

Tabasso, Domenico - Institut zur Zukunft der Arbeit <Bonn> - 2011

This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) ina market in which temporary and permanent workers co-exist. The assumption of perfectcompetition in the labour market is directly questioned and a model is developed in which thelabour market is...

Persistent link: https://www.econbiz.de/10009347587

Information and Communication Technologiesand Skill Upgrading:The Role of Internal vs. External Labour Markets

Behaghel, Luc; Caroli, Eve; Walkowiak, Emmanuelle - Institut zur Zukunft der Arbeit <Bonn> - 2011

Following the adoption of information and communication technologies (ICT), firms are likelyto face increasing skill …

Persistent link: https://www.econbiz.de/10009360544

Great Expectations: Law, Employment Contracts,and Labor Market Performance

Macleod, W Bentley - Institut zur Zukunft der Arbeit <Bonn> - 2010

match efficiency in the presence of asymmetric information andrelationship specific investments. In contrast, empirical …

Persistent link: https://www.econbiz.de/10009360567

Globalised Labour Markets?International Rent Sharing across 47 Countries

Martins, Pedro S.; Yang, Yong - Institut zur Zukunft der Arbeit <Bonn> - 2010

We present evidence about the role of rent sharing in fostering the interdependence of labourmarkets around the world. Our results draw on a firm-level panel of more than 2,000multinationals and more than 5,000 of their affiliates, covering 47 home and host countries.We find considerable...

Persistent link: https://www.econbiz.de/10009360570

Earnings Progression, Human Capital and Incentives:Theory and Evidence

Frederiksen, Anders - Institut zur Zukunft der Arbeit <Bonn> - 2010

The career prospects of newly recruited employees differ substantially within an organization.The stars experience a considerable growth in earnings; others can hardly maintain theirentry salaries. This article sheds light on the mechanisms generating the observedheterogeneity in earnings...

Persistent link: https://www.econbiz.de/10009360597

Outsourcing of Unionized Firms and the Impact of Labor Market Policy Reforms

Koskela, Erkki; Schöb, Ronnie - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

This paper shows that outsourcing of parts of workforce in unionized firms leads to wage moderation both in the case of strategic and flexible outsourcing and as long as the share of the outsourced workforce is not too large, this wage-moderation effect on domestic employment outweighs the...

Persistent link: https://www.econbiz.de/10005859577