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Equilibrium Employment in a Model of Imperfect Labor Markets

Garibaldi, Pietro; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2003

, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … of the labor force. Second, it rationalizes several empirical works on the definition of unemployment in labor force …

Persistent link: https://www.econbiz.de/10005822196

Retaining through Training: Even for Older Workers

Picchio, Matteo; Ours, Jan C. van - Institute for the Study of Labor (IZA) - 2011

This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there...

Persistent link: https://www.econbiz.de/10008876567

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

Do Active Labor Market Policies Help Unemployed Workers to Find and Keep Regular Jobs?

Ours, Jan C. van - Institute for the Study of Labor (IZA) - 2000

This paper uses an administrative dataset to analyze to what extent active labor market policies in the Slovak Republic have been beneficial for unemployed workers. The focus is on two types of temporary subsidized jobs and on training. Short-term subsidized jobs seem to be the most efficient...

Persistent link: https://www.econbiz.de/10005763603

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