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Temporary employment contracts allowing unrestricted dismissals were introduced in Spain in 1984 and quickly came to account for most new jobs. As a result, temporary employment increased from around 10% in the mid-eighties to more than 30% in the early nineties. In 1997, however, the Spanish...
Persistent link: https://www.econbiz.de/10005827506
employees. This paper develops a matching model that can explain the link between inter-industry wage differentials and use of …-workers, allowing firms to pay lower efficiency wages. On the other hand, informal search provides fewer job and applicant contacts than … formal methods (e.g., newspaper ads). In equilibrium, the matching process generates segmentation in the labor market because …
Persistent link: https://www.econbiz.de/10005708007
matching model which illustrates how barriers to entry in the product market mitigate the impact of labor market deregulation …
Persistent link: https://www.econbiz.de/10005572630
We use a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980’s and 1990’s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise in payroll taxes. This...
Persistent link: https://www.econbiz.de/10005772454