Showing 1 - 10 of 318
, we cannot get more than two wages. We explore several other models, including one combining ex ante and ex post …
Persistent link: https://www.econbiz.de/10014400958
-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …
Persistent link: https://www.econbiz.de/10014402407
Using Chilean data, we document that for resource-rich small open economies the effects of terms of trade shocks on the wage gap (between skilled and unskilled workers) depend on factor intensities in the non-tradable sector, following the model in Galiani, Heymann, and Magud (2010). For a...
Persistent link: https://www.econbiz.de/10014403224
Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such …
Persistent link: https://www.econbiz.de/10014404032
Fiscal deficits and the public debt has grown throughout much of the postwar period in most industrialized countries under the pressure of rising public expenditure, a trend that has begun to reverse after 1992. A number of studies argue that fiscal consolidation in association with expenditure...
Persistent link: https://www.econbiz.de/10014407227
-sector employment and have helped raise standards of living. However, the growth model has involved costs: the public-sector wage bill … is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or …
Persistent link: https://www.econbiz.de/10014410425
This paper discusses tax and expenditure policy reforms to raise employment. Using data for 58 advanced and emerging …. The focus is on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment … principles which should guide the design of country-specific fiscal reforms to boost employment. A comprehensive set of tables on …
Persistent link: https://www.econbiz.de/10014410536
uses nonparametric estimation to capture possible nonlinearities in the wage curve and relaxes the assumption of a stable … methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …
Persistent link: https://www.econbiz.de/10014400692
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10014401436
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