Showing 1 - 10 of 92
This paper analyzes the effect of firing costs on aggregate productivity growth. For thispurpose, a model of endogenous growth through selection and imitation is developed. It isconsistent with recent evidence on firm dynamics and on the importance of reallocation forproductivity growth...
Persistent link: https://www.econbiz.de/10005861413
Labor markets in the transition economies of Central and Eastern Europe underwent adramatic transformation. Notably, this transformation took place within just a few years. Untilthe mid-2000s job opportunities were scarce and unemployment was high. But since thenlabor demand has picked up and...
Persistent link: https://www.econbiz.de/10005861190
Firms select not only how many, but also which workers to hire. Yet, in standard searchmodels of the labor market, all workers have the same probability of being hired. We arguethat selective hiring crucially affects welfare analysis. Our model is isomorphic to a searchmodel under random hiring...
Persistent link: https://www.econbiz.de/10009486873
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher domestic low-skilled wage tax, higher payroll tax and lower...
Persistent link: https://www.econbiz.de/10005859632
Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment variation there and weexplore potential explanations for this...
Persistent link: https://www.econbiz.de/10005861375
We present a structural framework for the evaluation of public policies intended to increasejob search intensity. Most … of the literature defines search intensity as a scalar that influencesthe arrival rate of job offers; here we treat it as … the number of job applications that workerssend out. The wage distribution and job search intensities are simultaneously …
Persistent link: https://www.econbiz.de/10005861860
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a heterogeneous labour market, where wages are determinedby a monopoly labour union. We find that outsourcing promotes the wage dispersion betweenthe high-skilled and low-skilled workers...
Persistent link: https://www.econbiz.de/10005863113
We study both the various consequences and the incentives of outsourcing. We argue thatthe wage elasticity of labour demand is increasing as a function of the share of outsourcing,which is importantly a result consistent with existing empirical research...
Persistent link: https://www.econbiz.de/10005863250
estimates an on-the-job search model of the labor market tostudy the contribution of wage inequality and job mobility in …
Persistent link: https://www.econbiz.de/10005860471