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An obvious answer to this question is the capital-skill complementarity hypothesis originally proposed by Zwi Griliches (1969). But the relatively poor performance of this hypothesis suggests that other explanations are needed. Here we consider the labour union behaviour in the wage bargaining...
Persistent link: https://www.econbiz.de/10005125811
social contacts. We show that an improvement in the employment status of either an agent's direct or indirect contacts leads … to an increase in the agent's employment probability and expected wages, in the sense of first order stochastic dominance … show that employment is positively correlated across time and agents, and the same is true for wages. Moreover …
Persistent link: https://www.econbiz.de/10005135002
wage debate. Employment might not be affected if firms are able to pass through to prices the higher labour costs …
Persistent link: https://www.econbiz.de/10005076509
paper estimates the effects of the minimum wage on both wages and employment using panel data techniques and monthly … summarized in a “menu” of minimum wage variables. (2) An employment decomposition that separately estimates the effect of the … wages distribution with moderately small adverse effects on employment. …
Persistent link: https://www.econbiz.de/10005076541
in addition to its social role. This paper estimates the effects of the minimum wage on employment using monthly … affected” and “Kaitz index” as a minimum wage variable; (3) The decomposition of the minimum wage employment effect into hours … moderately small adverse effects on employment. …
Persistent link: https://www.econbiz.de/10005125721
This paper is part of a project that attempts to reveal the way labour market institutions, human capital and labour productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that could be solved if the approaches are combined. It...
Persistent link: https://www.econbiz.de/10005125046
churning flows reduce employment growth. …
Persistent link: https://www.econbiz.de/10005125739
This paper uses U.S. micro level data on employment durations to quantify the effect of potential Unemployment …
Persistent link: https://www.econbiz.de/10005125772
This paper considers the job satisfaction of academics using a detailed dataset of over two thousand academics from ten English higher education institutions. The results of our analysis suggest that one would be wrong to consider one single measure of job-satisfaction. Academics appear to be...
Persistent link: https://www.econbiz.de/10005125776
the information available to workers, it is shown that wages are less flexible than needed for efficient employment levels …
Persistent link: https://www.econbiz.de/10005125820