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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10005406185
interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density … intermediated credit and banking concentration is beneficial for employment when the degree of labour market regulation, union …
Persistent link: https://www.econbiz.de/10008596580
performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity rate. Moreover …
Persistent link: https://www.econbiz.de/10005094425
to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …
Persistent link: https://www.econbiz.de/10005405965
changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor … assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a … labor market reforms for 28 OECD countries. Welfare effects of trade agreements are magnified when accounting for employment …
Persistent link: https://www.econbiz.de/10010877646
conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …
Persistent link: https://www.econbiz.de/10010877680
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment … as a worker discipline device, considering the different degree of job security offered by the Italian Employment …
Persistent link: https://www.econbiz.de/10010877736
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010877790