Showing 1 - 10 of 23
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the … market, seem to support the hypothesis that an increase in the minimum wage generally leads to an increase in unemployment as …
Persistent link: https://www.econbiz.de/10005537096
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the … market, seem to support the hypothesis that an increase in the minimum wage generally leads to an increase in unemployment as …
Persistent link: https://www.econbiz.de/10010592293
Institutions can affect individual behavior both via their efficiency impact and via their risk reducing mechanisms … simultaneously extant institutions. This paper presents a simple model of institutional choice in a labor market when there is a risk …
Persistent link: https://www.econbiz.de/10005118909
"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...
Persistent link: https://www.econbiz.de/10005004093
components of matching efficiency and separation rate (shifting parameters) as well as unemployment and vacancies. Cointegration …
Persistent link: https://www.econbiz.de/10010791531
"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...
Persistent link: https://www.econbiz.de/10010592399
associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …
Persistent link: https://www.econbiz.de/10005125614
Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed for a number of Africa’s illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different areas and transmission channels of how this so-called...
Persistent link: https://www.econbiz.de/10005125845
from institutions, and to some extent, geography, on long-run prosperity and TFP, may be thus explained. …
Persistent link: https://www.econbiz.de/10005126217
distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …
Persistent link: https://www.econbiz.de/10005062436