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clearing under such conditions can lead to wage and income variability. In such cases demand for insurance against regional … systematic shocks. We present evidence that West German and other European experiences are more consistent with an insurance … contract interpretation, while US regional labour markets are characterized by high regional mobility, rendering insurance less …
Persistent link: https://www.econbiz.de/10005124289
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This introduction provides a survey of the collected papers. At the same time it develops an critical analysis designed to illustrate the file rouge which links the material included in this special issue.
Persistent link: https://www.econbiz.de/10010786752
Empirical evidence on the labour market performance of immigrants shows that migrant workers suffer from an initial earnings disadvantage compared to observationally equivalent native workers, but that their subsequent earnings tend to increase faster than native earnings. Economists usually try...
Persistent link: https://www.econbiz.de/10005067590
self-enforcing insurance contracts with one-sided commitment (by the employer). On the other hand, in countries with strong … unions and centralized wage bargaining, wage behavior is better approximated by full-commitment insurance contracts. The co …
Persistent link: https://www.econbiz.de/10011051721
The labour market in Russia is very flexible. Firms adjust to economic shocks through wage cuts, working hour reductions and minimisation of non-wage labour costs. Workers react by changing jobs. This results in a high and stable overall employment rate, but also high wage inequality,...
Persistent link: https://www.econbiz.de/10011392839
Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers in the name of wage and employment flexibility, yet...
Persistent link: https://www.econbiz.de/10011415227
Israel perceives the immigration of Jews as one of its major goals and thus it applies no selection rules towards them. Jewish immigration to Israel hailed from Arab countries as well as European countries. While immigration has shaped the rate of growth of Israel's Jewish population it has also...
Persistent link: https://www.econbiz.de/10014025425
There is a considerable empirical literature which compares wage levels of workers who have studied at secondary vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher wages. In some countries where labour markets are...
Persistent link: https://www.econbiz.de/10005123991
This Paper focuses on the entrepreneurial endeavors of immigrants and natives in Germany. We pay closer attention to Turks, since they are the largest immigrant group with a strong entrepreneurial tradition; self-employed Turks in Germany represent about 70% of all Turkish entrepreneurs in the...
Persistent link: https://www.econbiz.de/10005497816