Showing 1 - 10 of 14
This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10008543262
climate of employment relations and union effects on employment growth. …
Persistent link: https://www.econbiz.de/10005763571
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates …
Persistent link: https://www.econbiz.de/10005247692
it is quite small in 2004. Negative union effects on employment growth and financial performance are largely confined to …
Persistent link: https://www.econbiz.de/10005762266
’s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10005566432
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10005822664
incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective …, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer …
Persistent link: https://www.econbiz.de/10011103270
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/10004961441
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures … efficiency" (AWE). Thereby we can identify policies that (a) improve employment and welfare, (b) do not raise earnings inequality …
Persistent link: https://www.econbiz.de/10005762441
This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment over the past 25 years are due predominantly to movements in the underlying empirical "natural rate of unemployment" (NRU). Our analysis suggests that the British NRU has remained...
Persistent link: https://www.econbiz.de/10005763790