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We exploit the gender-specific components of large-scale labor demand shocks stemming from rising international manufacturing competition to test how shifts in the relative economic stature of young men versus young women affected marriage, fertility and children's living circumstances during...
Persistent link: https://www.econbiz.de/10012916528
labor in favor of employing free skilled workers, thereby incentivizing the masses to engage in broad-based human capital …
Persistent link: https://www.econbiz.de/10012956802
Sick workers in many countries receive sick pay during their illness-related absences from the workplace. In several … countries, the social security system insures firms against their workers’ sickness absences. However, this insurance may create … blue-collar workers’ sickness absences was abolished (firms did not receive a similar refund for their white-collar workers …
Persistent link: https://www.econbiz.de/10013315968
employed workers in competitive labor markets. The reason is that employers may not comply with the minimum wage legislation … and instead pay a lower subminimum wage rate. If workers are risk neutral, we prove that working hours and welfare are … invariant to the minimum wage rate. If workers are risk averse and imprudent (which is the empirically likely case), then …
Persistent link: https://www.econbiz.de/10013316315
show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …
Persistent link: https://www.econbiz.de/10013137398
In 2004, a section was added to the German Protection against Dismissal Act, establishing a new procedure to dismiss an …
Persistent link: https://www.econbiz.de/10013141087
Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents' commitment to...
Persistent link: https://www.econbiz.de/10013001146
Concave hiring rules imply that firms respond more to bad shocks than to good shocks. They provide a unified explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate countercyclical movement in both aggregate conditional...
Persistent link: https://www.econbiz.de/10012956881
Employment protection legislation (EPL) is an important determinant of workers' perceived future labour market …, but also the employment protection of other workers that matters for individual prospects and well-being. We contribute to … this literature by examining how such cross-effects on well-being are mediated by a workers' perceived risk of job loss and …
Persistent link: https://www.econbiz.de/10012920115
Dismissal disputes occur mostly in recessions and often lead to long and costly contract termination procedures. This … framework that corresponds with general dismissal legislation, but is sufficiently flexible to accommodate country …
Persistent link: https://www.econbiz.de/10013315541