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Sticky prices, fair wages, and the co-movements of unemployment and labor productivity growth

Tripier, Fabien - EconWPA - 2005

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …

Persistent link: https://www.econbiz.de/10005126134

CIRCULAR VARIABLE WORK IN PROCESS

Vildosola, Luis - EconWPA - 2002

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

Persistent link: https://www.econbiz.de/10005126234

New Trade Theory Takes Over Monetary Theory

Gani, M - EconWPA - 2004

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...

Persistent link: https://www.econbiz.de/10005408069

Do workers really benefit from their social networks?

Fontaine, Francois - EconWPA - 2003

increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …

Persistent link: https://www.econbiz.de/10005412695

The Dynamic Beveridge Curve

Fujita, Shigeru; Ramey, Garey - EconWPA - 2005

both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …

Persistent link: https://www.econbiz.de/10005561342

The Measurement of Persistence and Hysteresis in Aggregate Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

unemployment persistence. …

Persistent link: https://www.econbiz.de/10005126077

Fixed wage or share: Contingent contract renewal and skipper motivation

Matthiasson, Thorolfur - EconWPA - 1997

Fishermen around the world are usually remunerated by shares. Iceland is no exception in that respect. The fixed wage systems,that have been tried out, have been short- lived and their utilization limited. The fundamental question asked in this paper is: Why do almost all vessel owners use the...

Persistent link: https://www.econbiz.de/10005408330

Reciprocal fairness and gift exchange practices in the labor

Mahuteau, Stephane - EconWPA - 2002

We aim at investigating to what extent reciprocal considerations, exhibited by employers and employees, should lead to stable gift exchange practices in the labor contract, giving rise to non- compensating wage differentials among industries. We use the concept of Sequential Reciprocity...

Persistent link: https://www.econbiz.de/10005408349

Dismissals and Match-Specific Rents

Black, Dan A.; Loewenstein, Mark A. - EconWPA - 1996

Labor contracts that result in dismissals are quite common in the real world. The question that arises is why employers do not just offer reduced wages instead of asking workers with low realized productivity to leave. This paper argues that such behavior can be explained by workers'...

Persistent link: https://www.econbiz.de/10005556777

Optimal Unemployment Insurance with Variable Skill Levels

Pollak, Andreas - EconWPA - 2004

I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a … during unemployment due to depreciation of skills and increases on the job because of learning by doing. Any insurance … contract, periods of unemployment are characterised by declining benefits. Agents are further punished for long unemployment by …

Persistent link: https://www.econbiz.de/10005408328

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