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Are women in the MENA region really that different from women in Europe? Globalization, conservative values and female labor market participation.

Fischer, Justina AV; Aydıner-Avşar, Nursel - Volkswirtschaftliche Fakultät, … - 2015

This article aims to compare women in the MENA region with women in Europe as to how globalization affects their conservative values and attitudes, and, thereby, their labor market participation. The authors define conservative values as both religious values and socio-political attitudes...

Persistent link: https://www.econbiz.de/10011264810

The impact of institutions on firms’ rejuvenation policies: Early retirement with severance pay versus simple lay-off. A Cross-European Analysis

Fischer, Justina AV; Sousa-Poza, Alfonso - Volkswirtschaftliche Fakultät, … - 2010

Early retirement of workers is used by firms as means to rejuvenate their workforces. In principle, workers can either simply be laid off or can be offered an early retirement option combined with a financial bonus. However, dismissing masses of older workers may be detrimental to social peace...

Persistent link: https://www.econbiz.de/10008552803

The Effect of Pension Generosity on Early Retirement: A Microdata Analysis for Europe from 1967 to 2004.

Fischer, Justina AV; Sousa-Poza, Alfonso - Volkswirtschaftliche Fakultät, … - 2009

Using pseudo-panel microdata we show that pension generosity affects early retirement decisions. The changes in the average replacement rate and decreases in wealth accrual between 1967 and 2004 have caused an increase in early retirement probabilities from 16% to 63%.

Persistent link: https://www.econbiz.de/10005031396

Structural unemployment

Herz, Benedikt; Rens, Thijs van - Department of Economics and Business, Universitat … - 2011

Structural unemployment is due to mismatch between available jobs and workers. We formalize this concept in a simple … costs across segments generate structural unemployment. We estimate the contribution of these costs to fluctuations in US … unemployment, operationalizing segments as states or industries. Most structural unemployment is due to wage bargaining costs …

Persistent link: https://www.econbiz.de/10009228781

Selective hiring and welfare analysis in labor market models

Merkl, Christian; Rens, Thijs van - Department of Economics and Business, Universitat … - 2011

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …

Persistent link: https://www.econbiz.de/10009293465

How important is the intensive margin of labor adjustment?

Rens, Thijs van - Department of Economics and Business, Universitat … - 2011

Using new quarterly data for hours worked in OECD countries, Ohanian and Raffo (2011) argue that in many OECD countries, particularly in Europe, hours per worker are quantitatively important as an intensive margin of labor adjustment, possibly because labor market frictions are higher than in...

Persistent link: https://www.econbiz.de/10009321252

Skill-biased technological change and the business cycle

Balleer, Almut; Rens, Thijs van - Department of Economics and Business, Universitat … - 2008

Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....

Persistent link: https://www.econbiz.de/10004969342

Education, growth and income inequality

Teuling, Coen; Rens, Thijs van - Department of Economics and Business, Universitat … - 2001

Estimates of the e¤ect of education on GDP (the social return to education)have been hard to reconcile with micro evidence on the private return. We present a simple explanation that combines two ideas: imperfect substitution between worker types and endogenous skill biased technological...

Persistent link: https://www.econbiz.de/10005704916

Organizational capital and employment fluctuations

Rens, Thijs van - Department of Economics and Business, Universitat … - 2004

In this paper I present a model in which production requires two types of labor inputs: regular productive tasks and organizational capital, which is accumulated by workers performing organizational tasks. By allocating more workers from organizational to productive tasks, firms can temporarily...

Persistent link: https://www.econbiz.de/10005707967

Wage rigidity and job creation

Haefke, Christian; Sonntag, Marcus; Rens, Thijs van - Department of Economics and Business, Universitat … - 2007

Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment …

Persistent link: https://www.econbiz.de/10005772474