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Employer Learning and the Returns to Schooling

Bauer, Thomas K.; Haisken-DeNew, John P. - Institute for the Study of Labor (IZA) - 2000

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...

Persistent link: https://www.econbiz.de/10005703658

Dismissal Protection and Worker Flows in Small Establishments

Bauer, Thomas K.; Bender, Stefan; Bonin, Holger - Institute for the Study of Labor (IZA) - 2004

Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...

Persistent link: https://www.econbiz.de/10005822158

Employment Protection and Capital-Labor Ratios

Janiak, Alexandre; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2014

labor market institutions may sometimes favor physical and human capital investments in second-best environments. …

Persistent link: https://www.econbiz.de/10010812512

Labor Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

Cahuc, Pierre; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2001

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...

Persistent link: https://www.econbiz.de/10005703320

Labor Market Flows and Equilibrium Search Unemployment

Garibaldi, Pietro; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2001

This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … individuals do not search for jobs when non-employed. Facing changes in the value of inactivity, individuals transit through three …

Persistent link: https://www.econbiz.de/10005763713