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`marriage squeeze', a population increase leads to an excess supply of brides since men marry younger women.As a result, dowry … payments rise in order to clear the marriage market.The explanation is essentially static; unmarried brides do not re-enter the … marriage market.This paper demonstrates that the marriage squeeze argument cannot explain dowry inflation in a proper dynamic …
Persistent link: https://www.econbiz.de/10011091293
Although there are numerous studies of the dowry phenomenon in India, research pertaining to the custom in the rest of South Asia is sparse.The aim of this paper is to study dowry payments in Pakistan.Several interpretations for dowry are distinguished using a simple theoretical framework and...
Persistent link: https://www.econbiz.de/10011091513
In contrast to most dowry oriented societies where payments have declined with modernisation, those in India have undergone significant inflation over the last five decades.This paper explains the difference between these two experiences by focusing on the role played by caste.The theoretical...
Persistent link: https://www.econbiz.de/10011092377
Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …
Persistent link: https://www.econbiz.de/10011090366
centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and … decrease in the number of unions) triggers two opposite effects on real wages, unemployment and inflation. It reduces the … competition effect" raises real wages, unemployment and in°ation. But the decrease in the number of unions also strengthens the …
Persistent link: https://www.econbiz.de/10011090389
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10011090392
wage tax such that the marginal tax wedge remains unaffected|increases employment, reduces the equilibrium unemployment … of replacing employment taxes by payroll taxes increases employment and reduces the equilibrium unemployment rate, while …
Persistent link: https://www.econbiz.de/10011090457
greater the productivity gap from the leader country, but differences in unemployment benefit systems can lead to relative … social welfare benefits generate high unemployment and reduce the amount of labour employed for R&D purposes. Furthermore, it …
Persistent link: https://www.econbiz.de/10011090640
This paper investigates the impact of individual asset holdings on the probability of leaving unemployment. According … to the theory, higher levels of financial wealth will result in higher reservation wages and longer unemployment … out of unemployment. In particular, negative levels of wealth increase significantly the hazard of leaving unemployment …
Persistent link: https://www.econbiz.de/10011090674
Persistent link: https://www.econbiz.de/10011090800