Showing 1 - 10 of 14
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...
Persistent link: https://www.econbiz.de/10005763493
bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply …We investigate the labor market effects of immigration in Denmark, Germany and the UK, three countries which are … characterized by considerable differences in labor market institutions and welfare states. Institutions such as collective …
Persistent link: https://www.econbiz.de/10010739951
public employment in total employment has been greatest where unemployment was highest and growing the fastest, in ethnically … public employment for several purposes: as a kind of economic insurance to cushion the population against unemployment; as a …
Persistent link: https://www.econbiz.de/10005763916
address the more complex, and open, question of how employment and unemployment move through time, in response to labor market … been dead-ends and red herrings in past research. The first section deals with the theory, concerning how labor turnover … costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also …
Persistent link: https://www.econbiz.de/10005762091
This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply … questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual … dynamic optimization theory. We develop a general framework for the labor market where the search for a job involves dynamic …
Persistent link: https://www.econbiz.de/10005762359
employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …
Persistent link: https://www.econbiz.de/10005822378
program on aggregate labor market outcomes. This is done by calibrating an equilibrium search model with heterogeneous worker … skills using pre-program data and then forecasting the program impacts. We compare the forecasts to observed aggregate labor …
Persistent link: https://www.econbiz.de/10005822408
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like … relate the results to the relevant level of female labor force participation. …
Persistent link: https://www.econbiz.de/10005703577
envisaged in other European countries, which hope that hours reductions will be an efficient policy for reducing unemployment. …
Persistent link: https://www.econbiz.de/10005703651