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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
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …
Persistent link: https://www.econbiz.de/10008548704
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …
Persistent link: https://www.econbiz.de/10011212754
in size - positive relationship between innovation and employment. While the links with sales and wages have the expected …The microeconomic empirical literature devoted to the link between innovation and employment tends to suggest that … investments, as in Italian manufacturing. Applying GMM-SYS to an employment equation augmented for technology and using a unique …
Persistent link: https://www.econbiz.de/10005233869
After discussing theory regarding the consequences of technological change on employment and surveying previous …. However, the positive and significant impact of R&D expenditures on employment is detectable in services and high …-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment …
Persistent link: https://www.econbiz.de/10009246701
This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment …
Persistent link: https://www.econbiz.de/10009646305
There is a dearth of research on the impact of technological change on employment in the context of least developed … Method of Moments (GMM-SYS), this paper attempts to establish the nature of manufacturing employment in Ethiopia and the role … played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010723562
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 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
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