Showing 1 - 10 of 16
The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005662207
The paper analyzes a variety of government policies that can stimulate employment when unemployment is generated … may be ineffective. We show how supply side policies can stimulate employment by raising worker productivity or reducing … effect on employment unless these policies stimulate labor productivity, the entry of firms, capital utilization or …
Persistent link: https://www.econbiz.de/10005666572
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures … efficiency" (AWE). Thereby we can identify policies that (a)improve employment and welfare, (b)do not raise earnings inequality …
Persistent link: https://www.econbiz.de/10005666681
This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … firing in recessions, while leaving hiring in booms unchanged. Thereby insider power reduces average employment. …
Persistent link: https://www.econbiz.de/10005123530
people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the …
Persistent link: https://www.econbiz.de/10005123628
This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005124001
The paper explains how a country can fall into a 'low-skill, bad-job trap', in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms have little...
Persistent link: https://www.econbiz.de/10005124126
The paper explores the influence of job security provisions on employment and unemployment. We show that this influence …’ bargaining power in wage negotiations. Specifically, costs of firing and hiring reduce employment and stimulate unemployment when …
Persistent link: https://www.econbiz.de/10005124142
This paper explores the two common concepts of the natural rate of unemployment: (i) the stable, long-run equilibrium rate of unemployment; and (ii) the equilibrium unemployment rate at which there is no tendency for this rate to change, given the exogenous variables. The first concept (common...
Persistent link: https://www.econbiz.de/10005136587