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In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … possible detrimental impacts in unemployment entry effects and unemployment duration effects. We find that unemployment entry … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of …
Persistent link: https://www.econbiz.de/10005792204
The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005662207
We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … the fact that, in the model calibrated to the US economy, both unemployment and vacancy durations are very short, i …
Persistent link: https://www.econbiz.de/10005666592
possible between different segments of the labour market, we concentrate on unemployment experience and wage growth for a panel …
Persistent link: https://www.econbiz.de/10005666916
The paper presents a stochastic insider-outsider model that accounts for the following stylized facts: (1) unemployment … rates display a high degree of serial correlation, or `persistence'; (2) the average rate of unemployment has been higher in … long-run unemployment rate is independent of the level of productivity and the magnitude of the labour force. The model …
Persistent link: https://www.econbiz.de/10005789127
We present a theory of involuntary unemployment which explains why the unemployed workers ("outsiders") are unable or … wages of the underbidders. The resulting labor turnover costs create economic rent which the insiders tap in wage …-setting and, as a result, involuntary unemployment may arise. …
Persistent link: https://www.econbiz.de/10005791249
The paper suggests alternatives to the Harris-Todaro theory to explain unemployment in segmented labour markets. We … formation. Unemployment and labour-market segmentation are explained with reference to heterogeneous preferences, productivities … and endowments among workers. The responsiveness of unemployment to external shocks is shown to depend crucially on …
Persistent link: https://www.econbiz.de/10005792189