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utility. We show for a wage bargaining model that a stronger earningsrelationship of unemployment benefits may reduce wages …Evidently, the benefit-structure of the unemployment insurance has a significant influence onprofits and trade union … and increase employment. Thisraises the question as to how the benefit structure is determined in the political process... …
Persistent link: https://www.econbiz.de/10005862298
in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with …
Persistent link: https://www.econbiz.de/10005860481
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …
Persistent link: https://www.econbiz.de/10005863113
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 empirical research...
Persistent link: https://www.econbiz.de/10005863250