Showing 1 - 10 of 27
persistence of a genuine workplace effect in how workers view their jobs and organizations. Employee attitudes differ …
Persistent link: https://www.econbiz.de/10011071504
Individual and household based aggregate measures of worklessness can, and do, offer conflicting signals about labour market performance. We outline a means of quantifying the extent of any disparity, (polarisation), in the signals stemming from individual and household-based measures of...
Persistent link: https://www.econbiz.de/10010744988
Recent work in psychology and economics has investigated ways in which individuals experience their lives. This literature includes influences on individuals’ momentary happiness. We contribute to this literature using a new data source, Mappiness (www.mappiness.org.uk), which permits...
Persistent link: https://www.econbiz.de/10010745240
Implicit in many discussions of labour market policy is the assumption that, in the absence of interventions, the operation of the labour market is well-approximated by the perfectly competitive model. The merits or demerits of particular policies is then seen as a trade-off between efficiency...
Persistent link: https://www.econbiz.de/10010745358
It is increasingly recognized that labour markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labour markets as imperfectly competitive, reviews estimates on the...
Persistent link: https://www.econbiz.de/10010745736
We provide a unified directed search framework with general production and matching specifications that encompass most of the existing literature. We prove the existence of subgame perfect Nash equilibria in pure firm strategies in a finite version of the model. We use this result to derive a...
Persistent link: https://www.econbiz.de/10010746108
A key feature of OECD economic growth since the early 1970s has been the secular decline in manufacturing’s share of GDP and the secular rise of service sectors. This paper examines the role played by relative prices, technology, factor endowments, and labour market institutions in the process...
Persistent link: https://www.econbiz.de/10010746522
frictional labor market. Our environment has two main characteristics: wages play a role in allocating labor across firms and …
Persistent link: https://www.econbiz.de/10010746648
Assortative Matching between workers and firms provides evidence of the complementarities or substitutes in production. The presence of complementarities is important for policies that aim to achieve the optimal allocation of resources, for example unemployment insurance. We argue that using...
Persistent link: https://www.econbiz.de/10010746670
seriously amiss with EU labor markets. The theme of this piece is simple. Compared to an ideal competitive market, EU labor … markets fall seriously short, but compared to labor markets in the US and to other markets in advanced capitalist countries …, EU labor markets do not live up to their awful press. The variety of labor market institutions among EU countries …
Persistent link: https://www.econbiz.de/10011071444