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Unemployment Vouchers versus Low-Wage Subsidies

Orszag, J. Michael; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

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

Nash Bargaining and the Wage Consequences of Educational Mismatches

Hartog, Joop; Sattinger, Michael - Institute for the Study of Labor (IZA) - 2012

The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...

Persistent link: https://www.econbiz.de/10010959628

Compensation for Earnings Risk under Worker Heterogeneity

Berkhout, Peter; Hartog, Joop; Webbink, Dinand - Institute for the Study of Labor (IZA) - 2006

We use two large Dutch datasets to estimate the Risk Augmented Mincer equation and test for risk compensation in expected earnings. We replicate earlier findings of a positive premium for risk and a negative premium for skew and add confirmation of the key results if we control for individual...

Persistent link: https://www.econbiz.de/10005761743

Starting Wages Respond to Employer’s Risk

Berkhout, Peter; Hartog, Joop - Institute for the Study of Labor (IZA) - 2007

wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the … variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …

Persistent link: https://www.econbiz.de/10005762071

Dual Track or Academic Route for Auditors: Does It Matter?

Hartog, Joop; Jonker, Nicole; van Ophem, Hans - Institute for the Study of Labor (IZA) - 2002

make it easier for them to switch employers than for the part-time educated auditors. The predictions on tenure and wages …

Persistent link: https://www.econbiz.de/10005763540

Overeducation, Wages and Promotions within the Firm

Groeneveld, Sandra; Hartog, Joop - Institute for the Study of Labor (IZA) - 2003

We analyse data from personnel records of a large firm producing energy and telecommunication and test for the effect of deviations between required and attained education of workers. Required education is measured as hiring standards set by the firm. We find the usual effects of over- and...

Persistent link: https://www.econbiz.de/10005763556

The Effect of Immigration on Wages in Three European Countries

Hartog, Joop; Zorlu, Aslan - Institute for the Study of Labor (IZA) - 2002

We extend the Altonji and Card (1991) framework for analysing the impact of immigrants on natives’ wages from two to … small effects on natives’ wages and no dominant robust patterns of substitution and complementarity. Effects on wages of …

Persistent link: https://www.econbiz.de/10005566668

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009

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

Unemployment in the European Union: A Dynamic Reappraisal

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

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...

Persistent link: https://www.econbiz.de/10005703234

Unemployment in the European Union: Institutions, Prices, and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005703238