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Conventional wisdom and prevailing economic theory hold that the new owners of a privatized firm will cut jobs and wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on employment, wages, and productivity. Evidence generally...
Persistent link: https://www.econbiz.de/10011404917
Conventional wisdom and prevailing economic theory hold that the new owners of a privatized firm will cut jobs and wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on employment, wages, and productivity. Evidence generally...
Persistent link: https://www.econbiz.de/10012120550
Conventional wisdom and prevailing economic theory hold that the new owners of a privatized firm will cut jobs and wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on employment, wages, and productivity. Evidence generally...
Persistent link: https://www.econbiz.de/10010959862
Social networks, or “job-referral” networks, can help make labor markets become more efficient. Outside the firm, they help workers obtain employment after displacement and secure higher-paying jobs. They can also match highly-skilled workers to more productive employment. Inside the firm,...
Persistent link: https://www.econbiz.de/10011573694
This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for...
Persistent link: https://www.econbiz.de/10011613463
In the early 2000s, Poland's unemployment rate reached 20%. That is now a distant memory, as employment has increased … noticeably and the unemployment rate had dropped to 3.4% in 2021. The labor force participation of older workers increased … underemployed. During the Covid-19 pandemic the slowdown in economic growth and increase in unemployment were small. …
Persistent link: https://www.econbiz.de/10014331190
, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …
Persistent link: https://www.econbiz.de/10005045889
higher-paid employment, whether they become persistent, or whether they result in repeated unemployment. The empirical …
Persistent link: https://www.econbiz.de/10011573666
trends during the last 15 years. This was accompanied by a substantial decrease in unemployment. New labor force participants …
Persistent link: https://www.econbiz.de/10011820341
-paid employment, whether they become persistent, or whether they result in repeated unemployment. The empirical evidence is mixed …
Persistent link: https://www.econbiz.de/10013266239