Showing 1 - 10 of 79
How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the medium term evolution of real wages and competitiveness? To answer these...
Persistent link: https://www.econbiz.de/10005651878
The paper provides an overview of existing knowledge regarding the role played by social networks in the process where young workers are matched to employing firms. We discuss standard theories of why social networks may be an important element in the job-matching process and survey the...
Persistent link: https://www.econbiz.de/10011123570
. Our point of departure is the Montgomery (1991) model of employee referrals which suggests that it is optimal for firms to … hire new workers through referrals from their most productive existing employees, as these employees are more likely to … that firms use referrals of productive employees in order to attract workers with better qualities in dimensions that would …
Persistent link: https://www.econbiz.de/10010674218
This paper investigates the impact of a collective agreement stipulating a one shot increase in establishment-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The agreement stipulated that wages should increase in...
Persistent link: https://www.econbiz.de/10010818778
well, e.g. turnover, that may make it optimal not to set wages that fully reflect productivity differences. Instead, it may …
Persistent link: https://www.econbiz.de/10005651826
We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use …
Persistent link: https://www.econbiz.de/10005651866
turnover costs and on-the-job search. Firms are unable to differentiate wages and therefore prefer to hire employed searchers …
Persistent link: https://www.econbiz.de/10005651921
Using a panel of 260 Swedish municipalities over the period 1987-1996, this paper investigates the direct displacement effects of active labour market programmes (ALMPs). Compared to earlier studies on this topic, we have more and better data. From our GMM estimations, we find that (i) there are...
Persistent link: https://www.econbiz.de/10005423968
Earlier studies on income inequality and crime have typically used total income or total earnings. However, it is quite likely that it is changes in permanent rather than in transitory income that affects crime rates. The purpose of this paper is therefore to disentangle the two effects by,...
Persistent link: https://www.econbiz.de/10005190987
A number of earlier studies have examined whether extensive labour market programmes (ALMPs) contribute to upward wage pressure in the Swedish economy. Most studies on aggregate data have concluded that they actually do. In this paper we look at this issue using more recent data to check whether...
Persistent link: https://www.econbiz.de/10005651823