Showing 1 - 10 of 54
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus … market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment … represents Phillipscurve or wage-curve effects. The paper estimates a dynamic wage equation for the Netherlands using a …
Persistent link: https://www.econbiz.de/10014401436
We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and … 21 OECD countries from 1972–992, by estimating equations suggested by an efficiency wage model. We find that government … countries and private employment for OECD countries). Certain measures of government wages are positively associated with …
Persistent link: https://www.econbiz.de/10014398143
The growth rate of real hourly wages in France has fallen below the trend growth rate of total factor productivity. The … distribution of wage and earnings growth has not been uniform across deciles. A breakdown in employment growth by wage deciles also …. Microeconometric estimations provide evidence of an outward shift in the relationship between wages and unemployment that is …
Persistent link: https://www.econbiz.de/10014407413
developing countries been responsible for thelowered wages of the unskilled, increased unemployment, and widenedincome inequality …
Persistent link: https://www.econbiz.de/10015058164
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered underemployed. The paper reviews labor market developments...
Persistent link: https://www.econbiz.de/10005824954
hours, increases in minimum wages, and some fiscal measures supported private household incomes. The 2006 draft budget …
Persistent link: https://www.econbiz.de/10005825062
intervention often results in wage compression and restrictions on how firms use their workers. This paper investigates the impact …
Persistent link: https://www.econbiz.de/10005826536
This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170
This 2007 Article IV Consultation highlights that Tonga’s real GDP growth is estimated to turn negative in FY06/07, declining by 3½ percent. The economy will continue to be subject to uncertainty and shocks. While economic growth should return to positive, albeit low, levels in the...
Persistent link: https://www.econbiz.de/10011244772