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A large part of group differences in wages comes from unobserved or unverifiable characteristics such as the intensity of human capital investments on-the-job. This is notably the classical argument to account for gender differentials.We build a framework in which training decisions are...
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Persistent link: https://www.econbiz.de/10008575101
Credit market imperfections influence the labor market and aggregate economic activity. In turn, macroeconomic factors have an impact on the credit sector. To assess these effects in a tractable general-equilibrium framework, we introduce endogenous search frictions, in the spirit of Peter...
Persistent link: https://www.econbiz.de/10008575112
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The sustainability of Welfare States requires high employment/high participation to raise the tax base and avoid distortions. To analyse labour market participation decisions in a world with market frictions, we propose and solve a three-state macro model of the labour market. We show that...
Persistent link: https://www.econbiz.de/10008575250
While there is consensus on the need to raise the time spent in the market by European women, it is not clear how these goals should be achieved. Tax wedges, assistance in the job search process, and part-time jobs are policy instruments that are widely debated in policy circles. The paper...
Persistent link: https://www.econbiz.de/10008575358
In this paper, we describe the historical context of local laws in Alsace-Moselle, a region of France under the control of Germany between 1870 and 1918. We provide three examples of labor policies that can be evaluated thanks to this experience: welfare laws, regulation of working time and...
Persistent link: https://www.econbiz.de/10009193083