occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this …

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 … German data. The calibration shows that hiring vouchers can be AWE, while low-wage subsidies do not satisfy AWE. Furthermore …

This Paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on …-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over …

The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … policy would be costless to the government since the cost of the employment vouchers is set equal to the amount saved on …

This paper explores the optimal design of subsidies for hiring unemployed workers (‘employment vouchers’ for short) in … vouchers on employment and unemployment, the analysis shows how the optimal policy depends on the rates of hiring and firing …

The paper explores the employment implications of allowing people the opportunity of using a portion of their … incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this … policy could increase employment, raise the incomes of incapacity benefit recipients, and reduce employers’ labour costs. …

Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The … costs harmful to employment when it may appear most appropriate. In contrast, firing costs can raise employment during …

This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We … present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage … within education groups, our theory helps to explain (1) rising wage inequality between groups, and (2) rising wage …