Showing 1 - 10 of 22
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a … heterogeneous labour market, where wages are determinedby a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10005863113
for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …
Persistent link: https://www.econbiz.de/10011257608
Econometric evaluations of public-sponsored training programmes generally find littleevidence of an impact of such policies on transition rates out of unemployment. We performthe first evaluation of training effects for the unemployed adults in France, exploiting a uniquelongitudinal dataset...
Persistent link: https://www.econbiz.de/10005861168
Recent theoretical work has examined the spatial distribution of unemployment using theefficiency wage model as the … mechanism by which unemployment arises in the urbaneconomy. This paper extends the standard efficiency wage model in order to …
Persistent link: https://www.econbiz.de/10005863255
: by offering a generous wage and by giving attention. Contrary to the traditional gift-exchange hypothesis, we show that … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10011257203
Firms select not only how many, but also which workers to hire. Yet, in standard searchmodels of the labor market, all workers have the same probability of being hired. We arguethat selective hiring crucially affects welfare analysis. Our model is isomorphic to a searchmodel under random hiring...
Persistent link: https://www.econbiz.de/10009486873
This paper addresses the problem of the dualism of the Italian economy, particularly of its labor market. Although the Italian labor market is considered to be the most highly regulated among OECD countries, the unemployment rate in the North, which represents two thirds of the whole economy, is...
Persistent link: https://www.econbiz.de/10005859493
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, in workers´ well-being by exploiting sector-specific institutional differences...
Persistent link: https://www.econbiz.de/10005860475
Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment variation there and weexplore potential explanations for this...
Persistent link: https://www.econbiz.de/10005861375
This paper takes a fresh look at the analysis of labour market dynamics and argues thatcapital accumulation plays a fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission channels of thecapital stock effects, i.e. using...
Persistent link: https://www.econbiz.de/10005861659