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unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and …
Persistent link: https://www.econbiz.de/10012955276
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …
Persistent link: https://www.econbiz.de/10013157850
endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …This paper studies a two-region model in which unemployment, education decisions and interregional migration are …
Persistent link: https://www.econbiz.de/10012766901
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker’s absences and local unemployment rate (at the provincial level). We find …
Persistent link: https://www.econbiz.de/10013315813
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 …Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of …
Persistent link: https://www.econbiz.de/10013315917
The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of … regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively …
Persistent link: https://www.econbiz.de/10013316427
We derive a sufficient statistics optimal income tax formula in a general model that incorporates unemployment and … endogenous wages, to study the shape of the tax and transfer system at the bottom of the income distribution. The sufficient … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …
Persistent link: https://www.econbiz.de/10012943389
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10013045347
This paper examines the relationship between idiosyncratic risk in labour income and fluctuations in aggregate labour market quantities for Great Britain. We use data from the British Household Panel Survey (BHPS) for 1991-2008 and from the BHPS sub-sample of Understanding Society for 2010-2014....
Persistent link: https://www.econbiz.de/10012958452
(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …
Persistent link: https://www.econbiz.de/10013093430