Showing 1 - 10 of 22
full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results …
Persistent link: https://www.econbiz.de/10005079106
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10005083337
We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare …. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the … reduce the incentive to become skilled. So they increase the low-skilled labor force which faces a relatively low employment …
Persistent link: https://www.econbiz.de/10005103185
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004992848
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10010955891
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
foreign direct investment in Central Europe may have helped the relatively favourable employment and earnings record of the … production. Employment and wages diverged considerably within the German automobile industry. Relative to skilled workers, the …
Persistent link: https://www.econbiz.de/10010956002
The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...
Persistent link: https://www.econbiz.de/10010956120
This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … sharing and the Full flexibility scenarios. She finds that the 2012 reform preserves employment and generates a 1.72% increase … in productivity. In the work sharing scenario, the increase in employment (1.86%) comes at the expense of a lower …
Persistent link: https://www.econbiz.de/10010956138
on the positive and negative effect of intra-firm exports and imports respectively, on aggregate employment. The former …
Persistent link: https://www.econbiz.de/10010886831