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Immigration is often blamed for increasing unemployment among local workers. However, standard models, such as the … labor market without affecting local unemployment. This paper presents a more general model of migration that allows for the … possibility that not only the wages but also the unemployment rate of local workers may be affected by the arrival of newcomers …
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This study investigates the growing wage disparity between older and younger workers in high-income countries. We propose a conceptual framework of the labor market in which firms cannot change the contracts of older employees and cannot freely add higher-ranked positions to their organizations....
Persistent link: https://www.econbiz.de/10014528380
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
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taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …
Persistent link: https://www.econbiz.de/10012471121
institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find … same size shock has differential effects on unemployment when labor market institutions differ. We interpret this as …Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the …
Persistent link: https://www.econbiz.de/10012471501