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Schlicht, Ekkehart - Volkswirtschaftliche Fakultät, … - 2008

Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not necessarily fair. The widening of wage differentials that is currently observed is interpreted in this manner: Skill-biased technological progress increases demand for skilled work...

Persistent link: https://www.econbiz.de/10005187319

Baumol and the post-industrial trilemma: examining the relationship between productivity, prices and wages

Lewis, Paul; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2012

This paper challenges the economic constraints associated with the so-called post-industrial trilemma. Following Iversen’s and Wren’s seminal 1998 paper, it has been widely accepted that differential industry-level productivity increases rule out a solidaristic structure of wages, due to the...

Persistent link: https://www.econbiz.de/10011259249

Employment Preferences and Length of Job Queues in Pakistan: An Update

Asma, Hyder - Volkswirtschaftliche Fakultät, … - 2007

It has long been recognised that public sector jobs are an attractive opportunity (because of job security, fringe benefi ts, and so on) in Pakistan’s labour market. Since the early 1990s, Pakistan has been going through an economic restructuring plan, particularly in terms of privatisation....

Persistent link: https://www.econbiz.de/10011260903

Job Rents in a Stylized Labor Market

Schlicht, Ekkehart - Volkswirtschaftliche Fakultät, …

Wage formation is often analyzed by assuming that wage differentials reflect productivity differentials intrinsic to the workers, like differences in skill or qualification. Observed industry and firm effects on wages suggests, however, that wage differentials may result from causes rather...

Persistent link: https://www.econbiz.de/10008620611

The General Equilibrium Wage Impact of Trade-Induced Shifts in Industrial Compositions of Employment in Brazilian Cities, 1991-2000

Mardukhi, Jian - Volkswirtschaftliche Fakultät, … - 2010

Conventionally, it is presumed that restructuring of industrial composition of employment only modestly affects the average wage. This is because in a partial equilibrium setting such a restructuring affects the calculation of the average wage only through changes in employment shares of...

Persistent link: https://www.econbiz.de/10008680328

Training Costs and Wage Differentials in the Theory of Job Competition

Schlicht, Ekkehart - Volkswirtschaftliche Fakultät, … - 1981

A labor market is considered that is characterized by job competition over job ladders. Firms paying more for comparable jobs can attract workers with better background characteristics (with general human capital) and will lose fewer trained workers (with general and firm-specific human...

Persistent link: https://www.econbiz.de/10008515869

An Empirical Test of the Reder Hypothesis

Ludsteck, Johannes; Haupt, Harald - Volkswirtschaftliche Fakultät, … - 2007

A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards in response to changes in market...

Persistent link: https://www.econbiz.de/10005187285

An Empirical Test of Reder Competition and Specific Human Capital Against Standard Wage Competition

Ludsteck, Johannes; Haupt, Harry - Volkswirtschaftliche Fakultät, … - 2007

Persistent link: https://www.econbiz.de/10005187294

Prize Structure and Information in Tournaments: Experimental Evidence

Freeman, Richard B.; Gelber, Alexander M. - Volkswirtschaftliche Fakultät, … - 2008

This paper examines behavior in a tournament in which we vary the tournament prize structure and the information available about participants' skill at the task of solving mazes. The number of solved mazes is lowest when payments are independent of performance; higher when a single, large prize is...

Persistent link: https://www.econbiz.de/10005619648

Relationship between inflation, unemployment and labor force change rate in France: cointegration test

Kitov, Ivan; Kitov, Oleg; Dolinskaya, Svetlana - Volkswirtschaftliche Fakultät, … - 2007

. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP … Banque de France monetary policy introduced in 1995 does not disturb the long-term links. All the individual relationships … force change indicates that since 1995 the Banque de France has been wrongly applying the policy fixing the monetary growth …

Persistent link: https://www.econbiz.de/10005835964