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Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...

Persistent link: https://www.econbiz.de/10005791589

Culture, Policies and Labor Market Outcomes

Giavazzi, Francesco; Schiantarelli, Fabio; Serafinelli, … - C.E.P.R. Discussion Papers - 2009

evolution over time of the employment rates of women and of the young, and of hours worked in OECD countries. Beyond controlling … do all this we find that culture still matters for women employment rates and for hours worked. However, policies and … appear to be important in explaining the employment rate of the young. In the case of women employment rates, the policy …

Persistent link: https://www.econbiz.de/10008496460

Central and East European Labour Markets in Transition: Developments, Causes, and Cures

Franz, Wolfgang - C.E.P.R. Discussion Papers - 1995

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

Training and Unions

Booth, Alison L; Chatterji, Monojit - C.E.P.R. Discussion Papers - 1997

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm has ex-post monopsonistic power that drives...

Persistent link: https://www.econbiz.de/10005666579

Gender Based Taxation and the Division of Family Chores

Alesina, Alberto F; Ichino, Andrea; Karabarbounis, Loukas - C.E.P.R. Discussion Papers - 2007

(married) women. This holds when different elasticities between men and women are taken as exogenous and primitive. But in this …

Persistent link: https://www.econbiz.de/10005661963

Self-Employment and Windfall Gains in Britain: Evidence From Panel Data

Taylor, Mark P - C.E.P.R. Discussion Papers - 1999

Liquidity constraints can affect self-employment in a number of ways. They can prohibit potential entrepreneurs from starting up in business, they can restrict the growth of existing entrepreneurial activities and, in the extreme, they can result in small business failure. This paper uses...

Persistent link: https://www.econbiz.de/10005789051

Policy Complementarities: The Case for Fundamental Labour Market Reform

Coe, David T; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary effects on unemployment; and thus (b) that policies aimed at...

Persistent link: https://www.econbiz.de/10005791663

Working-Time Regulation, Firm Heterogeneity, and Efficiency

Ortega, Javier - C.E.P.R. Discussion Papers - 2003

A labour-matching economy with ex post heterogeneous firms is presented. When bargaining over the wage, firms and workers do not know the level of product demand. Once demand is realized, hours of work are chosen. We show that the existence of a legal workweek may enhance efficiency with respect...

Persistent link: https://www.econbiz.de/10005792262

The Low-Skill, Bad-Job Trap

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994

The paper explains how a country can fall into a 'low-skill, bad-job trap', in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms have little...

Persistent link: https://www.econbiz.de/10005124126

Employment and Distributional Effects of Restricting Working Time

Marimon, Ramon; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1999

We study the emplyment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions. Job creation entails some fixed costs, but existing jobs are subject to diminishing returns. We characterize the equilibrium in the de-regulated...

Persistent link: https://www.econbiz.de/10005067610

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