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This paper presents a model allowing to analyze voting, welfare institutions and economic performance. We consider a political economy framework with three classes of agents: entrepreneurs, employed workers and unemployed workers. Agents vote on alternative institutional options: the degree of...
Persistent link: https://www.econbiz.de/10010930237
-term economic outlook, namely the Industrial Production Index and the Unemployment Rate. …
Persistent link: https://www.econbiz.de/10010738487
through unemployment. Overall, the evidence goes against the view that the diffusion of IT has spurred job instability …
Persistent link: https://www.econbiz.de/10010738917
We study the compensation package offered by family firms. Using matched employer-employee data for a sample of French establishments in the 2000s, we first show that family firms pay on average lower wages to their workers. This family/non-family wage gap is robust to controlling for several...
Persistent link: https://www.econbiz.de/10010738945
our sample. Once foregone income due to unemployment spells is taken into account, it can be concluded that training …
Persistent link: https://www.econbiz.de/10008790548
Data from the European Community Household Panel (ECHP) are used to assess the effects of employee training on the average wage and employment security of different labour market groups in EU countries. Significant training wage premia are found only in the case of young or highly educated...
Persistent link: https://www.econbiz.de/10008792755
-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …
Persistent link: https://www.econbiz.de/10010933917
neighborhood characteristics explain victimization better than individual characteristics. Second, I find that local unemployment … the precise localization of the data to adopt a spatial approach, comparing the effect of unemployment rate in the …
Persistent link: https://www.econbiz.de/10010933937
determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased … market capitalization as well as decreased banking concentration reduce unemployment if the level of labour market regulation … intermediated credit worsens unemployment when the labour market is weakly regulated and coordinated, whereas it reduces …
Persistent link: https://www.econbiz.de/10010930162
with a small one. Surprisingly, the end of transition is also characterized by lower unemployment when there are massive … layoffs - because in the short run, the high unemployment implied by the massive decrease makes job creation in the …
Persistent link: https://www.econbiz.de/10010541080