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(and trade-off between) investment and wages in Slovenian firms. We find that investment behaviour is more consistent with … display a trade-off between investment and wages, and workers share in firms’ surplus and appropriate funds that are supposed … to be used for depreciation investment. Most findings are consistent with the principal theoretical models of …
Persistent link: https://www.econbiz.de/10005497775
The main questions addressed in this paper are: First, how did labour markets in the Visegrad countries react to the breakdown of a command economy and the transformation to a market economy? Second, which way ahead is likely, or to put it differently, what should be done now to improve...
Persistent link: https://www.econbiz.de/10005067622
than a lump-sum subsidy, both cutting public employment and cutting public spending on market goods induce an investment … boom. Making the tax system less progressive by cutting tax credits and the labour income tax rate induces an investment … boom as well. The effects of endogenous growth, adjustment costs for investment and non-Walrasian labour markets on these …
Persistent link: https://www.econbiz.de/10005791753
insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10011272710
This paper investigates the effects of services offshoring on wages using individual-level data combined with industry … real wages. Hence, offshoring has contributed to a widening of the wage gap between skilled and less skilled workers. This …
Persistent link: https://www.econbiz.de/10009359484
This paper focuses on the determinants of self-employment among rural to urban migrants in China. Two self-selection mechanisms are analysed: the first relates to the manner in which migrants choose self-employment or paid work based on the potential gains from either type of employment; the...
Persistent link: https://www.econbiz.de/10009205061
In this paper, we propose a job assignment model allowing for a gender difference in access to jobs. Males and females compete for the same job positions. They are primarily interested in the best-paid jobs. A structural relationship of the model can be used to empirically recover the...
Persistent link: https://www.econbiz.de/10008459767
Easterlin's relative income hypothesis projects for smaller cohorts increasing wages, increasing fertility and … female net wages therefore stimulate female labor supply. The example of Sweden shows that pronatalist policies can be …
Persistent link: https://www.econbiz.de/10005662066
Several controversial recent studies seek to explain Britain's high interwar unemployment rate as a consequence of the generosity of her unemployment insurance system. All of these studies are based on macroeconomic time-series data. In contrast, this paper employs a microeconomic cross-section,...
Persistent link: https://www.econbiz.de/10005662253
The purpose of this paper is to shed some light on why so many smaller-scale firms which have traditionally been classified as sub-optimal scale firms can exist. We suggest that by pursuing a strategy of compensating factor differentials, that is by remunerating and deploying factors of...
Persistent link: https://www.econbiz.de/10005662285