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 …

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 …

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 …

reductions in other sectors. The union campaign aimed to increase employment through ‘work-sharing’, and is being emulated in the …

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 …

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 …