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The Financial Crisis, Labor Market Transitions andEarnings: A Gendered Panel Data Analysis for Serbia

Blunch, Niels-Hugo; Sulla, Victor - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

While results are starting to emerge, not much is known yet about the dynamics of the labormarkets of the former Eastern economies, especially in the context of the current FinancialCrisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor markettransitions, earnings...

Persistent link: https://www.econbiz.de/10009522192

Private Information, Human Capital, andOptimal “Home Bias” in Financial Markets

Ehrlich, Isaac; Shin, Jong Kook; Yin, Yong - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

By allowing for imperfectly informed markets and the role of private information, we offer newinsights about observed deviations of portfolio concentrations in domestic relative to foreignrisky assets, or “home bias”, from what standard finance models predict. Our model ascribesthe...

Persistent link: https://www.econbiz.de/10009522205

Training the Unemployed in France: How Does ItAffect Unemployment Duration and Recurrence?

Crépon, Bruno; Ferracci, Marc; Fougère, Denis - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

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

Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper analyses theoretically and empirically how employment subsidies should betargeted. We contrast measures involving targeting workers with low incomes/abilities andtargeting the unemployed under the criteria of "approximate welfare efficiency" (AWE)...

Persistent link: https://www.econbiz.de/10005862794

Offshoring and Unemployment

Mitra, Devashish; Ranjan, Priya - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

In this paper, in order to study the impact of offshoring on sectoral and economywide rates ofunemployment, we … tooffshoring. This result can be understood to arise from the productivity enhancing (costreducing) effect of offshoring. If the … search cost is identical in the two sectors, or even if thesearch cost is higher in the sector which experiences offshoring …

Persistent link: https://www.econbiz.de/10005862882

Equilibrium Unemployment with Outsourcing andWage Solidarity Under Labour Market Imperfections

Koskela, Erkki; Stenbacka, Rune - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

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

Equilibrium Unemployment with OutsourcingUnder Labour Market Imperfections

Koskela, Erkki; Stenbacka, Rune - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We study both the various consequences and the incentives of outsourcing. We argue thatthe wage elasticity of labour … demand is increasing as a function of the share of outsourcing,which is importantly a result consistent with existing …

Persistent link: https://www.econbiz.de/10005863250