Showing 1 - 10 of 14
This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...
Persistent link: https://www.econbiz.de/10005789077
In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to … that equal transfers among children are expected under perfect information, while the second-best contract implies …
Persistent link: https://www.econbiz.de/10008528726
In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to … that equal transfers among children are expected under perfect information, while the second-best contract implies risk …
Persistent link: https://www.econbiz.de/10011113407
by large information asymmetries: the difficulty in providing the necessary advice, the quality of the advice, and … the most skilled agents. However, under asymmetric information these markets are unable to exclude the least talented from … output contingent contracts are feasible, market exchanges weakly involve excessive trade. Despite the asymmetric information …
Persistent link: https://www.econbiz.de/10011083990
This paper analyzes recent labor market developments in the Chilean economy. The evidence shows a booming labor market with strong job creation since 2010. Most of the jobs created during the past three years are quality jobs—that is, jobs with a written contract and whose employers have made...
Persistent link: https://www.econbiz.de/10011258725
This paper challenges the conventional wisdom that income and consumption inequality in Poland increased substantially following the economic transition in 1989–90. Using microdata from the 1985–92 Household Budget Surveys, we find that overall income inequality increased in 1989 but...
Persistent link: https://www.econbiz.de/10011259807
This article uses data from the 1994-2001 waves of the European Community Household Panel to study economic inequality in Portugal. It reports data on the Portuguese distributions of income, labor earnings, and capital income, and on related features of inequality, such as age, employment...
Persistent link: https://www.econbiz.de/10005787062
In order to offer a balanced assessment of the role of minimum wages in the Welfare State, seven basic questions need to be answered: (i) Why is the minimum wage a useful redistributive tool?; (ii) How binding are minimum wage floors in different countries?; (iii) To what extent do minimum wages...
Persistent link: https://www.econbiz.de/10005792459
Employment creation and wage security have been primary goals of developing countries. The present paper analyses the wage-employment scenario in India in the post-reform period. The workforce structure is exhibiting upward mobility across wage classes, moving towards regular employment, and...
Persistent link: https://www.econbiz.de/10005836043
How do the family and personal characteristics of an individual influence his/her edu-cational attainment? How do the labour market prospects change when he/she receives further education? This article intends to answer these two questions. To that purpose, it reviews the most recent literature...
Persistent link: https://www.econbiz.de/10005837246