Showing 1 - 10 of 19
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment …
Persistent link: https://www.econbiz.de/10005859632
We present a structural framework for the evaluation of public policies intended to increasejob search intensity. Most of the literature defines search intensity as a scalar that influencesthe arrival rate of job offers; here we treat it as the number of job applications that workerssend out....
Persistent link: https://www.econbiz.de/10005861860
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger 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/10009486873
labour market (e.g. Layard, Nickell andJackman, 1991) imply that equilibrium unemployment is independent of the capitalstock …
Persistent link: https://www.econbiz.de/10005870233
This paper provides a critical view of the cross country literature on the impact of labour market institutions and … policies on the evolving pattern of unemployment in OECD countries. Such widely used indicators as the generosity of … unemployment insurance or the strength of trade unions are neither strongly correlated individually with unemployment nor …
Persistent link: https://www.econbiz.de/10005870241
Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited … variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment …
Persistent link: https://www.econbiz.de/10005861375
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …
Persistent link: https://www.econbiz.de/10005863113
We study both the various consequences and the incentives of outsourcing. We argue thatthe wage elasticity of labour demand is increasing as a function of the share of outsourcing,which is importantly a result consistent with existing empirical research...
Persistent link: https://www.econbiz.de/10005863250
Many contributions suggest that earnings instability has increased during the 1980s and1990s. This paper develops and estimates an on-the-job search model of the labor market tostudy the contribution of wage inequality and job mobility in explaining earnings instability. Tostudy the evolution...
Persistent link: https://www.econbiz.de/10005860471