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Bubble Economics and Structural Change: The Cases of Spain and France Compared

Agnese, Pablo; Hromcová, Jana - Institute for the Study of Labor (IZA) - 2015

This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...

Persistent link: https://www.econbiz.de/10011250613

Unemployment Invariance

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

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

Persistent link: https://www.econbiz.de/10005822664

The Role of Sectoral Growth Patterns in Labor Market Development

Arias-Vazquez, Francisco Javier; Lee, Jean Nahrae; … - Institute for the Study of Labor (IZA) - 2012

This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...

Persistent link: https://www.econbiz.de/10010585691

The Structure of Collective Bargaining and Worker Representation: Change and Persistence in the German Model

Addison, John T.; Teixeira, Paulino; Bryson, Alex; … - Institute for the Study of Labor (IZA) - 2011

This paper depicts and examines the decline in collective bargaining coverage in Germany. Using repeat cross-section and longitudinal data from the IAB Establishment Panel, we show the overwhelming importance of behavioral as opposed to compositional change and, for the first time, document...

Persistent link: https://www.econbiz.de/10009323382

Employee Trust and Workplace Performance

Brown, Sarah; Gray, Daniel; McHardy, Jolian; Taylor, Karl - Institute for the Study of Labor (IZA) - 2014

measures of workplace performance (financial performance, labour productivity and product or service quality) and employee …

Persistent link: https://www.econbiz.de/10010959547

Are Occupations Paid What They Are Worth? An Econometric Study of Occupational Wage Inequality and Productivity

Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2011

productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential … productivity-wage gaps. They find that occupations play distinct roles for remuneration and productivity: while the estimations … indicate a significant upward-sloping occupational wage-profile, the hypothesis of a flat productivity-profile cannot be …

Persistent link: https://www.econbiz.de/10009293741

Employment Concentration and Resource Allocation: One-Company Towns in Russia

Commander, Simon; Nikoloski, Zlatko; Plekhanov, Alexander - Institute for the Study of Labor (IZA) - 2011

lower marginal product of labour, higher marginal product of capital and lower overall productivity pointing towards …

Persistent link: https://www.econbiz.de/10009325440

Foreign Direct Investment, Black Economic Empowerment and Labour Productivity in South Africa

Mebratie, Anagaw Derseh; Bedi, Arjun S. - Institute for the Study of Labor (IZA) - 2011

foreign direct investment on the labour productivity of domestic firms. A key policy change during this time period was the … foreign firm ownership and BEE on labour productivity. Regardless of the empirical specification we find no spill over effects … and no evidence that a greater degree of BEE compliance by foreign firms influences labour productivity. …

Persistent link: https://www.econbiz.de/10009353425

How to Avoid a Pension Crisis: A Question of Intelligent System Design

Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2009

Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...

Persistent link: https://www.econbiz.de/10008632739

Wage Dispersion and Firm Productivity in Different Working Environments

Mahy, Benoît; Rycx, Francois; Volral, Mélanie - Institute for the Study of Labor (IZA) - 2009

This paper investigates the impact of wage dispersion on firm productivity in different working environments. More …-shaped relationship between (conditional) wage dispersion and firm productivity. This result suggests that up to (beyond) a certain level …

Persistent link: https://www.econbiz.de/10005762009

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