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Efficiency Wages, Labor Heterogeneity and the Financing of the Training Cost
Wauthy, Xavier; Zenou, Yves - Institut de Recherche Économique et Sociale (IRES), … - 1997
We consider a dual labor market with a continuum of heterogeneous workers differentiated by their ability of acquiring a specific training. In the primary sector, jobs require specific training and firms set efficiency wages. In the secondary sector, wages are competitive and no training is...
Persistent link: https://www.econbiz.de/10004984972
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Labor market dynamics when effort depends on wage growth comparisons
de la Croix, David; Palm, Franz; Urbain, Jean-Pierre - Institut de Recherche Économique et Sociale (IRES), … - 1996
We present an efficiency wage model in which workers' effort depends on the level and on the growth rate of their wage relative to an alternative wage. Using data for four countries (US, UK, FR, GY), the implications of the model are examined and are found to be in accordance with the...
Persistent link: https://www.econbiz.de/10004985060
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Can Market Power influence Employment, Wage Inequality and Growth ?
Bucci, Alberto; Fiorillo, Fabio; Staffolani, Stefano - Institut de Recherche Économique et Sociale (IRES), … - 2001
unemployment, wage inequality and growth. We find that the lower the product market competition in the intermediate sector, the … and inequality are negatively correlated whereas growth and unemployment are positively correlated. The last two results …
Persistent link: https://www.econbiz.de/10004985132
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Efficiency Wages, Unio-Firm Bargaining, and Strikes
MAULEON, Ana; VANNETLEBOSCH, Vincent J. - Institut de Recherche Économique et Sociale (IRES), … - 2001
We consider efficiency wage effects in a union-firm bargaining model with private information. We show that efficiency wage effects do not necessarily increase the wage level at equilibrium. However, if it is commonly known that the union is stronger than the firm and the productivity enhancing...
Persistent link: https://www.econbiz.de/10004985350
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Demography, capital flows and unemployment
MARCHIORI, Luca; PIERRARD, Olivier; SNEESSENS, Henri R. - Institut de Recherche Économique et Sociale (IRES), … - 2011
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009493505
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Do workers really benefit from their social networks ?
FONTAINE, François - Institut de Recherche Économique et Sociale (IRES), … - 2008
that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …
Persistent link: https://www.econbiz.de/10008505525
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Real Business Cycle Theory and the Great Depression : The Abandonment of the Absentionist Viewpoint
Michel, DE VROEY; Luca, PENSIEROSO - Institut de Recherche Économique et Sociale (IRES), … - 2005
Is the Great Depression amenable to real business cycle theory ? In the 1970s and 1980s Lucas and Prescott took an abstentionist stance. They admitted that, because of its exceptional character, an explanation of the Great Depression was beyond the grasp of the equilibrium approach to the...
Persistent link: https://www.econbiz.de/10004984744
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Optimal income taxation with endogenous participation and search unemployment
Etienne, LEHMANN; Alexis, PARMENTIER; Bruno, VAN DER LINDEN - Institut de Recherche Économique et Sociale (IRES), … - 2008
unemployment. Wages, labor demand and participation are endogenous. The government only observed wage levels. Under a Maximin … is increasing, marginal tax rates are positive everywhere, while wages, unemployment rates and participation rates are …
Persistent link: https://www.econbiz.de/10004984859
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Pareto-Improving Unemployment Policies
Jorg, LINGENS; Klaus, WAELDE - Institut de Recherche Économique et Sociale (IRES), … - 2005
We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without … reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage and … unemployment benefits. A lower tax on labour increases net wages and - for certain benefit-systems - unemployment benefits as well …
Persistent link: https://www.econbiz.de/10004984874
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Employment subsidies and substitutable skills : An equilibrium matching approach
Gabriele, CARDULLO; Bruno, VANDERLINDEN - Institut de Recherche Économique et Sociale (IRES), … - 2006
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10004984879