Similar Search Results

Trade and Industrial Location with Heterogeneous Labor

International Monetary Fund - 2004

to industrial agglomeration and interregional trade. Labor heterogeneity gives local monopoly power to firms but also … the local market, giving rise to an agglomeration force that can offset the forces against trade costs and the erosion of … monopoly power. We derive analytically a robust agglomeration equilibrium and illustrate its properties with numerical …

Persistent link: https://www.econbiz.de/10014404143

A Cointegration Model for Search Equilibrium Wage Formation

International Monetary Fund - 2004

In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...

Persistent link: https://www.econbiz.de/10014401436

Employment and Wages in the Public Sector : A Cross-Country Study

International Monetary Fund - 1995

We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and 21 OECD countries from 1972–992, by estimating equations suggested by an efficiency wage model. We find that government employment is positively associated with the relaxation...

Persistent link: https://www.econbiz.de/10014398143

France: Selected Issues : Labor Market Developments and Wage Moderation in France in the 1990s

International Monetary Fund - 2001

The growth rate of real hourly wages in France has fallen below the trend growth rate of total factor productivity. The distribution of wage and earnings growth has not been uniform across deciles. A breakdown in employment growth by wage deciles also suggests important composition changes. The...

Persistent link: https://www.econbiz.de/10014407413

Does Globalization Lower Wages and Export Jobs?

International Monetary Fund - 1997

Increased globalization - the international integration of markets forgoods, technology, labor, and capital - has coincided in the past 20years with a shift in demand from less-skilled workers to those with moreskills. Have imports from developing countries been responsible for thelowered wages...