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density and productivity and wages has long been established in the economic literature, less is known about the effects of … density on the productivity of different types of workers. This paper shows that there is substantial heterogeneity in the … relationship between density and productivity for workers with different types of education. Apart from estimating the impact of …
Persistent link: https://www.econbiz.de/10011261931
the growth rate of real wages over time. We employ a novel decomposition technique that allowsus to divide the time series … procyclicality islargely offset by the change in the composition of the workforce, leading aggregate real wages to be almost …
Persistent link: https://www.econbiz.de/10011257608
of a minimum wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage …, and subsequent abolition of the minimum wage does not affect wages. The model has multiple equilibria as a result of the …
Persistent link: https://www.econbiz.de/10011256618
Labor markets in Western countries are becoming more and more flexible, thereby meeting the needs of employers. Yet the new flexibility also offers opportunities to workers, while at the same time bears the risk of long-term exclusion. This paper deals with unequal chances on the contemporary...
Persistent link: https://www.econbiz.de/10011256151
Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...
Persistent link: https://www.econbiz.de/10011255521
Since the end of the Great Recession in mid-2009, the unemployment rate has recovered slowly, falling by only one percentage point from its peak. We find that the lackluster labor market recovery can be traced in large part to weakness in aggregate demand; only a small part seems attributable to...
Persistent link: https://www.econbiz.de/10011255576
We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011256235
See also the publication in the <I>European Economic Review</I>, 2002, 301-327.<P> The paper considers a two-country model of overlapping generations heterogenouseconomies with intergenerational transfers carried out in the form of bequest and investmentin human capital. We examine in competitive...</p></i>
Persistent link: https://www.econbiz.de/10011261919
The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...
Persistent link: https://www.econbiz.de/10011261934
See also the article in the <Journal of Transport Geography</I> (2011). Volume 19, issue 4, pages 528-536.<P> Commuting is, therefore, an important equilibrating vehicle in a city network constellation. Cities act as attractors of commuters, as most economic activity occurs in cities, thus providing a high share of attractive...</p></journal>
Persistent link: https://www.econbiz.de/10011256597