Showing 1 - 10 of 103
This paper examines the effects of collectively agreed increases in real minimum wages on employment transitions and hours among manual workers in the Swedish retail sector over the period 2001–05. The findings indicate that increases in real minimum wages are associated with more separations,...
Persistent link: https://www.econbiz.de/10008914357
badly in the labor market in the sense of long-term unemployment or low annual earnings lack noncognitive but not cognitive …
Persistent link: https://www.econbiz.de/10005771088
I use Swedish establishment-level panel data to test Bertola and Rogerson’s (1997) hypothesis of a positive relation between the degree of wage compression and job reallocation. Results indicate that the effect of wage compression on job turnover is positive and significant in the...
Persistent link: https://www.econbiz.de/10005645384
distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment … compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution … a selective increase in unemployment compensation, made available to those who impute a relatively low value to leisure …
Persistent link: https://www.econbiz.de/10010684408
Although private equity firms are often criticized for layoffs, little evidence exists regarding which employees lose their jobs and why. We argue that explanations for the job polarization process can also explain layoffs after buyouts. Buyouts reduce agency problems, which triggers automation,...
Persistent link: https://www.econbiz.de/10011262892
No abstract.
Persistent link: https://www.econbiz.de/10010684443
How do we explain the poor employment performance in Western Europe since about the-1970s? This question is in fact twofold : What initiated the dramatic rise in employment, and waht mechanisms have made it continue for so long? My attemps to answer these questions from the basis for a...
Persistent link: https://www.econbiz.de/10010600190
How do we explain the poor employment performance in Western Europe since about the-1970s? This question is in fact twofold : What initiated the dramatic rise in employment, and waht mechanisms have made it continue for so long? My attemps to answer these questions from the basis for a...
Persistent link: https://www.econbiz.de/10005486501
explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity … intermediate step between unemployment and wage inflation. Contributions by Kuh, Solow and Stiglitz in the late sixties follow this …, it is hard to derive the desired result that the wage share increases when unemployment falls. Monopolistic price …
Persistent link: https://www.econbiz.de/10011019057
No abstract.
Persistent link: https://www.econbiz.de/10010684431