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The Aggregate Labour Market Effects of the Swedish Knowledge Lift Program

Albrecht, James; den Berg, Gerard J van; Vroman, Susan - C.E.P.R. Discussion Papers - 2006

The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...

Persistent link: https://www.econbiz.de/10005123553

Efficient Wage Dispersion

Acemoglu, Daron; Shimer, Robert - C.E.P.R. Discussion Papers - 1997

In market economies identical workers appear to receive very different wages, violating the ‘law of one price’ of Walrasian markets. It is argued in this paper that in the absence of a Walrasian auctioneer to coordinate trade: (i) wage dispersion among identical workers is very often an...

Persistent link: https://www.econbiz.de/10005124074

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

The Earnings Dynamics of Immigrant Labour

Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1993

Empirical evidence on the labour market performance of immigrants shows that migrant workers suffer from an initial earnings disadvantage compared to observationally equivalent native workers, but that their subsequent earnings tend to increase faster than native earnings. Economists usually try...

Persistent link: https://www.econbiz.de/10005067590

Scale Effects in Markets with Search

Petrongolo, Barbara; Pissarides, Christopher - C.E.P.R. Discussion Papers - 2002

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...

Persistent link: https://www.econbiz.de/10005504450

Information Channels in Labour Markets. On the Resilience of Referral Hiring

Casella, Alessandra; Hanaki, Nobuyuki - C.E.P.R. Discussion Papers - 2005

Economists and sociologists disagree over markets’ potential to take over functions typically performed by networks of personal connections. First among them is the reliable transmission of information. In this paper we begin from a model of labour markets where social ties are stronger...

Persistent link: https://www.econbiz.de/10005114206

Good Jobs versus Bad Jobs: Theory and Some Evidence

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1997

number of good jobs. Minimum wages and unemployment insurance encourage workers to wait for higher wages, and therefore … often increase unemployment, will increase average labour productivity and may improve welfare. The paper then briefly … composition of jobs improves considerably in response to higher minimum wages and more generous unemployment benefits. …

Persistent link: https://www.econbiz.de/10005662323

Monitoring Job Offer Decisions, Punishments, Exit to Work, and Job Quality

den Berg, Gerard J van; Vikström, Johan - C.E.P.R. Discussion Papers - 2009

Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …

Persistent link: https://www.econbiz.de/10008528530

General Equilibrium Effects and Voting into a Crisis

Beilharz, Hans-Jörg; Gersbach, Hans - C.E.P.R. Discussion Papers - 2004

leads to constantly rising unemployment and tax rates. The resulting crisis may trigger new insights into economic …

Persistent link: https://www.econbiz.de/10005504724

Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies

den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2003

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...

Persistent link: https://www.econbiz.de/10005666625

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