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The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong...
Persistent link: https://www.econbiz.de/10011433382
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This paper discusses the pros and cons of a single labour contract. After reviewing the current state of dualism in labour markets and the recent labour reforms in Europe, we discuss the various proposals to eliminate dualism. Next, we emphasise the costs of dualism and discuss whether they...
Persistent link: https://www.econbiz.de/10009711214
Occupational licensing and non-competition agreements are two important types of labour market regulation in the United … States, both covering around one fifth of all workers. While some regulation is needed to protect safety and ensure quality … these barriers. The States are mainly responsible for labour market regulation and the variation across States is similar to …
Persistent link: https://www.econbiz.de/10012304432
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Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10012444601
sufficient intelligence by people with limited intelligence may dominate government regulation. …
Persistent link: https://www.econbiz.de/10005662402
The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary effects on unemployment; and thus (b) that policies aimed at...
Persistent link: https://www.econbiz.de/10005791663
The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and to the explanation of differences in unemployment...
Persistent link: https://www.econbiz.de/10014024227
This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses its extensions, presents alternative formulations, considers the empirical evidence, and studies applications to macroeconomic questions such as business cycles, growth, and...
Persistent link: https://www.econbiz.de/10005792066