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This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10013072513
outsourcing cost, profit sharing and equilibrium unemployment, when profit sharing is also a part of the compensation schemes in … wage effect. For equilibrium unemployment the effects of outsourcing cost and profit sharing are ambiguous both in case of … the absence or presence of outsourcing and in this case lower outsourcing cost will decrease unemployment …
Persistent link: https://www.econbiz.de/10012770494
, profit sharing, and equilibrium unemployment depending on whether in other industries profit share is or is not a part of the …. Under flexible profit sharing wage is higher if optimal profit share is small enough. For equilibrium unemployment, we find … that if there is no profit sharing in other industries, outsourcing will decrease the unemployment rate. But if profit …
Persistent link: https://www.econbiz.de/10013316651
It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler …
Persistent link: https://www.econbiz.de/10012951773
Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view …
Persistent link: https://www.econbiz.de/10013141502
This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …
Persistent link: https://www.econbiz.de/10013014200
involuntary unemployment and by allowing for labour taxation as a second source of public funds. For a large class of production …
Persistent link: https://www.econbiz.de/10013143564
This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …
Persistent link: https://www.econbiz.de/10013060039
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of … life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper … shows for quasi-linear utility that the effects of any amenity on wages and unemployment rates are of opposite sign …
Persistent link: https://www.econbiz.de/10013315917
progress in modern developing countries. Unemployment subsidies and cash transfer schemes that may have as a potential negative …
Persistent link: https://www.econbiz.de/10012988225