Showing 1 - 10 of 12
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10008854459
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10005000439
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
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
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
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
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