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granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …
Persistent link: https://www.econbiz.de/10005247692
effects on native unskilled wages, employment and occupational mobility. …
Persistent link: https://www.econbiz.de/10011228302
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004961441
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10005703234
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005703238
The paper examines the implications for wage bargaining of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking. The analysis shows how, on account of such reorganization, centralized bargaining becomes increasingly...
Persistent link: https://www.econbiz.de/10005703276
that an overall increase in risk aversion contributes to wage moderation and promotes employment. …
Persistent link: https://www.econbiz.de/10005703281
There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate … that the employment of graduates in non-graduate jobs has declined over time. Hence, there is no evidence of an over …
Persistent link: https://www.econbiz.de/10005703371
people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the …
Persistent link: https://www.econbiz.de/10005703506
pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … the present paper the wage and employment consequences of UISAs are investigated in a model of collective wage … bargaining creates additional impediments for the positive employment consequences of UISAs. …
Persistent link: https://www.econbiz.de/10005822648