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In recent publications it has been argued that the change of the skill structure of industrial employment is caused by … biased technical progress rather than by increasing international trade with low wage countries. However, in linking prices … for final goods with prices of primary factors, most empirical studies have only dealt with international trade in final …
Persistent link: https://www.econbiz.de/10005818887
disparity in the unemployment rates of these two skill groups. Secondly, sectors with low wage levels have expanded while … the impact of trade on both dimensions of income distribution, this paper seeks to contribute to the ongoing debate on … results emerge. Firstly, the distributional effects of trade are highly sensitive to even minor changes to the assumption of …
Persistent link: https://www.econbiz.de/10005818878
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010887014
falls in the trend employment-population ratio. The recent shift in the Beveridge Curve during the Great Recession is …
Persistent link: https://www.econbiz.de/10010887017
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010955891
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …
Persistent link: https://www.econbiz.de/10005079106
We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare …. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the … reduce the incentive to become skilled. So they increase the low-skilled labor force which faces a relatively low employment …
Persistent link: https://www.econbiz.de/10005103185
This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …
Persistent link: https://www.econbiz.de/10005755178
people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …
Persistent link: https://www.econbiz.de/10005755198