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in Germany, on employment, wage inequality, public expenditures, and incomes of poor households: 1) a statutory minimum … subsidies, the government can ensure more favorable employment and income effects. Combining a minimum wage with a wage subsidy …
Persistent link: https://www.econbiz.de/10005094296
We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information.
Persistent link: https://www.econbiz.de/10005000388
In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers’ bargaining...
Persistent link: https://www.econbiz.de/10008534009
affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a … employment – depending on the subsidies’ incidence – and income effects. Wage subsidies also allow a more equal income …
Persistent link: https://www.econbiz.de/10005765743
the share of the outsourced workforce is not too large, this wage-moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcingactivities, the impact of these policy measures will become smaller as …
Persistent link: https://www.econbiz.de/10005181655
index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment and the …
Persistent link: https://www.econbiz.de/10010674454
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …
Persistent link: https://www.econbiz.de/10010960647