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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 … labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
This Paper studies the impact of wage growth on the evolution of employment in an intertemporal general …-state equilibria in which productivity grows at the same rate as wages, the real interest rate is below the laissez-faire level, and so … is the common growth rate of consumption, demand, and output. In these steady-state equilibria employment contracts at a …
Persistent link: https://www.econbiz.de/10005789120
labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …
Persistent link: https://www.econbiz.de/10005792043
relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio … of the hazard rate from employment. Differences in mean 1990 wages explain more than one-half of the gender gap in this … employment of low earners can explain 80% of the rise in relative female wages. There is no evidence that reduction in child care …
Persistent link: https://www.econbiz.de/10005792446
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004. Following enlargement, the net inflow of EU8 immigrants has become 2.5 times larger than the four-year period before enlargement. Poles constitute the largest immigrant group...
Persistent link: https://www.econbiz.de/10004979473
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a …
Persistent link: https://www.econbiz.de/10005123530
dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … passive labour market policies, and the structure of employment and output. …
Persistent link: https://www.econbiz.de/10005067622
. The new jobs created by the MNCs were found in activities with relatively high productivity and wages. This suggests that …
Persistent link: https://www.econbiz.de/10005504266
International economic integration is often blamed for the deteriorating fortunes of unskilled workers in industrial countries. We look at the labour market impact of trade and foreign direct investment in the case of Italy. Our empirical framework allows for trade, technology and factor supply...
Persistent link: https://www.econbiz.de/10005504326