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The consequences of a shorter working time : some lessons from a general equilibrium analysis

CAHUC, Pierre; GRANIER, Pierre - Institut de Recherche Économique et Sociale (IRES), … - 1997

The aim of this paper is to examine, both at partial and general equilibrium, the consequences of work sharing policies, when the wages, the length of the working time and the participation rates are endogenous, in an economy where workers get utility from leisure. It is shown that the effects...

Persistent link: https://www.econbiz.de/10008550114

Labor Market Heterogeneity and the Aggregate Matching Function

Barnichon, Regis; Figura, Andrew - Barcelona Graduate School of Economics (Barcelona GSE) - 2013

The matching function - a key building block in models of labor market frictions - implies that the job finding rate … depends only on labor market tightness. We estimate such a matching function and …find that the relation, although remarkably … by the standard matching function, but that a generalized matching function that explicitly takes into account worker …

Persistent link: https://www.econbiz.de/10010851472

Wage-Shifting Effects of Severance Payments Savings Accounts in Colombia

Kugler, Adriana - Barcelona Graduate School of Economics (Barcelona GSE) - 2004

In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments are often justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and...

Persistent link: https://www.econbiz.de/10010851477

Declining Labor Force Attachment and Downward Trends in Unemployment and Participation

Barnichon, Regis; Figura, Andrew - Barcelona Graduate School of Economics (Barcelona GSE) - 2013

The US labor market witnessed two apparently unrelated secular movements in the last 30 years: a decline in unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro data and a stock- ow accounting framework, we show that a...

Persistent link: https://www.econbiz.de/10011019704

Scars of Recessions in a Rigid Labor Market

Cockx, Bart; Ghirelli, Corinna - Institut de Recherche Économique et Sociale (IRES), … - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10011265924

A test between matching theories

Coles, Melvyn; Petrongolo, Barbara - Barcelona Graduate School of Economics (Barcelona GSE) - 2005

This paper tests whether aggregate matching is consistent with random matching or stock-flow matching. Using U ….K. matching data and correcting for temporal aggregation bias, estimates of the random matching function are consistent with … previous work in this field. The data however support the "stock-flow" matching hypothesis. Estimates find that around 50% of …

Persistent link: https://www.econbiz.de/10010547336

Immigration, Wages, and Education: A Labor Market Equilibrium Structural Model

Llull, Joan - Barcelona Graduate School of Economics (Barcelona GSE) - 2013

This paper analyzes the effect of immigration on wages taking into account human capital and labor supply adjustments. Using U.S. micro-data for 1967-2007, I estimate a labor market equilibrium model that includes endogenous decisions on education, participation, and occupation, and allows for...

Persistent link: https://www.econbiz.de/10010851391

The Effects of a Universal Child Benefit

González, Libertad - Barcelona Graduate School of Economics (Barcelona GSE) - 2011

I study the impact of a universal child benefit on fertility and family well-being. I exploit the unanticipated introduction of a new, sizeable, unconditional child benefit in Spain in 2007, granted to all mothers giving birth on or after July 1, 2007. The regression discontinuity-type design...

Persistent link: https://www.econbiz.de/10010547206

The Social Contract with Endogenous Sentiments

Cervellati, Matteo; Esteban, Joan; Kranich, Laurence - Barcelona Graduate School of Economics (Barcelona GSE) - 2007

Moral values influence individual behavior and social interactions. A specially significant instance is the case of moral values concerning work effort. Individuals determine what they take to be proper behaviour and judge the others, and themselves, accordingly. They increase their esteem -and...

Persistent link: https://www.econbiz.de/10010547222

Redistributive Taxation with Endogenous Sentiments

Cervellati, Matteo; Esteban, Joan Mª; Kranich, Laurence - Barcelona Graduate School of Economics (Barcelona GSE) - 2005

To help explain differences between the US and EU "social contracts" as well as other cultural differences, we present a model of rational voting over redistribution where individual attitudes toward others are endogenously determined. Individuals differ in their productivities and their degree...

Persistent link: https://www.econbiz.de/10010547329