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Hyclak and Johnes explore the extent to which wage rigidity differs across regional labor markets in the U.S. and how it affects the unemployment response to shifts in regional aggregate demand. They also look at the determinants of differences in wage rigidity across regional labor markets.
Persistent link: https://www.econbiz.de/10008488918
Hyclak examines changes in the structure of wages paid for some 40 different jobs found in four different occupational groups. In addition, he concentrates on the jobs and the skills required as the primary determinant of wages, an approach, he says, that complements the more traditional human...
Persistent link: https://www.econbiz.de/10008472662
Recent years have seen a surge in the evidence on the impacts of active labor market programs for numerous countries. However, little evidence has been presented on the effectiveness of such programs in China. Recent economic reforms, associated massive lay-offs, and accompanying public...
Persistent link: https://www.econbiz.de/10005116774
Persistent link: https://www.econbiz.de/10010593469