The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are … compensated by better promotion prospects. Sicherman (1991) was able to confirm this theory in an empirical study. However, the …

This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …

proposed in this article for modelling the U.K. unemployment. This enables us a better understanding of the low … fractional integration, may be a feasible way of modelling unemployment, also showing that its order of integration is much … erroneous results. -- long memory ; unemployment ; fractional integration …

This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …

performance elasticities are contrary to predictions of agency theory. Both results provide further support to the common belief …

dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory …The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … implies that a firms separations outflow is the sum of an exogenous flow to unemployment and a job-to-job flow that decreases …

-tier labour market for temporary employment in Germany. -- mobility ; unemployment ; Fixed-term contracts ; dynamic wages …Amid lively debate on the consequences of temporary employment, the paper examines the wages and transitions of … same employer. For some temporary employment leads to unemployment, particularly those with low human capital. Positioning …

jobs in rough times separate analyses are carried out those who have entered the job directly from unemployment or non …

, Nash-bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central …