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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 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 hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a … justified the relative stability of educational wage premia. Relative wages did not, however, respond to negative net demand …
Persistent link: https://www.econbiz.de/10005666858
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
Since monetary union with West Germany on 1 July 1990, eastern female monthly wages have risen by 10 percentage points … 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 …
Persistent link: https://www.econbiz.de/10005792446
The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004 … the German labor market since EU enlargement. Unlike other EU countries, Germany has not immediately opened up its labor … immigrants from outside of Europe for low-skilled jobs instead of competing with German natives. While Germany needs high …
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
. 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