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This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … in productivity. In the work sharing scenario, the increase in employment (1.86%) comes at the expense of a lower … employment and generates a substantial increase in productivity (2.6%) by allowing firms to completely adapt to changing economic …
Persistent link: https://www.econbiz.de/10010956138
institution short-time work) and the discretionary component (i.e., rule changes) stabilize employment over the business cycle. In …
Persistent link: https://www.econbiz.de/10010886965
incentives for retaining employment, incentives for creating employment, incentives for seeking and keeping a job, incentives for …
Persistent link: https://www.econbiz.de/10010887030
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
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 presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004992848
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10005083337
full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results …
Persistent link: https://www.econbiz.de/10005079106
inappropriate minimum wage schedules. Both measures made East German production possibilities and employment decline. …
Persistent link: https://www.econbiz.de/10005818917
employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe … variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … and Japan than in the United States. Employment contributes the largest proportion of the cycle in Europe and the United …
Persistent link: https://www.econbiz.de/10009132526