Showing 1 - 9 of 9
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
product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 … markets were quantitatively more important than changes in product markets in the determination of sectoral employment growth … remained constant after 1973, our simulations suggest that, on average, industrial and service employment would have been …
Persistent link: https://www.econbiz.de/10005666840
lower unemployment. Whether ‘work-sharing’ works – whether employment rises when hours per worker are reduced – is … standard hours, employment rose by 0.3–0.7%, but that total hours worked fell by 2–3%, implying possible output losses. As a … group, however, workers were better off as the wage bill rose. The employment growth implied by the mean standard hours …
Persistent link: https://www.econbiz.de/10005666967
This paper develops a simple model of employment, non-statutory redundancy pay and wage determination. An interesting … bargaining over redundancy pay has no impact on recent employment variation for plants in the sample; and third, that financial …
Persistent link: https://www.econbiz.de/10005791782
product demand can affect employment under these conditions. The analysis suggests that the longer-term effectiveness of …
Persistent link: https://www.econbiz.de/10005504209
employment are determined by optimizing choices in an imperfectly competitive setting. It turns out that underemployment …
Persistent link: https://www.econbiz.de/10005281303
reductions in other sectors. The union campaign aimed to increase employment through ‘work-sharing’, and is being emulated in the …
Persistent link: https://www.econbiz.de/10005114354
This paper derives and then estimates a model of employment where unions and firms bargain over wages and possibly … employment, and efficiency wage considerations may be important. It illustrates the difficulties involved in interpreting many … existing attempts to discriminate between alternative models. The results (based on over 200 UK firms) suggest that employment …
Persistent link: https://www.econbiz.de/10005661631
negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions … effectiveness of various government policies on production, employment, and pricing. Hysteresis is shown to be a special case in a …
Persistent link: https://www.econbiz.de/10005661965