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Do Employers Discriminate Less if Vacancies are Difficult to Fill? Evidence from a Field Experiment
Baert, Stijn; Cockx, Bart; Gheyle, Niels; Vandamme, Cora - CESifo - 2013
We empirically test the relationship between hiring discrimination and labour market tightness at the level of the occupation. To this end, we conduct a correspondence test in the youth labour market. In line with theoretical expectations, we find that, compared to natives, candidates with a...
Persistent link: https://www.econbiz.de/10010607469
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A Generalized Steady-State Growth Theorem
Irmen, Andreas - CESifo - 2013
Uzawa’s steady-state growth theorem (Uzawa (1961)) is generalized to a neoclassical economy that uses current output, e. g., to create technical progress or to manufacture intermediates. The difference between aggregate final-good production and these resources is referred to as net output....
Persistent link: https://www.econbiz.de/10010713863
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Essential Inputs and Unbounded Output: An Alternative Characterization of the Neoclassical Production Function
Irmen, Andreas; Maussner, Alfred - CESifo - 2014
The Inada (1963) conditions constitute a defining property of the neoclassical production function with capital and labor as arguments. Are these conditions justifiable on economic grounds? Yes, they are: we show that a production function with positive, yet diminishing marginal products and...
Persistent link: https://www.econbiz.de/10011099760
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Overeducation at the Start of the Career - Stepping Stone or Trap?
Baert, Stijn; Cockx, Bart; Verhaest, Dieter - CESifo - 2012
This study investigates whether young unemployed graduates who accept a job below their level of education accelerate … or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to … started searching for a job right after leaving formal education. We find that overeducation is a trap. This trap is …
Persistent link: https://www.econbiz.de/10010550834
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Trade Union Objectives and Economic Growth
Irmen, Andreas; Wigger, Berthold U. - CESifo - 2001
union which cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate …
Persistent link: https://www.econbiz.de/10005406167