Showing 1 - 10 of 1,722
This paper analyses a model in which firms cannot pay discriminate based on year of entry to a firm, and develops an equilibrium model of wage dynamics and unemployment. The model is developed under the assumption of worker mobility, so that workers can costlessly quit jobs at any time. Firms on...
Persistent link: https://www.econbiz.de/10013317355
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...
Persistent link: https://www.econbiz.de/10013094545
duration of apprenticeships, compatible with increased human capital accumulation probably due to the training provisions of …
Persistent link: https://www.econbiz.de/10012954353
As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty contracts. In six experiments I recruited workers...
Persistent link: https://www.econbiz.de/10012962112
This paper investigates how precisely short-term, job-search oriented training programs as opposed to long-term, human capital intensive training programs work. We evaluate and compare their effects on time until job entry, stability of employment, and earnings. Further, we examine the...
Persistent link: https://www.econbiz.de/10013105144
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10012773812
for just a few, often only one to three, years. In this paper, I examine empirically the duration in German import trade … characteristics, product type and market structure. Specifically, I show that the duration of exporting a product to Germany is longer …
Persistent link: https://www.econbiz.de/10012776021
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a …
Persistent link: https://www.econbiz.de/10013315877
We study the optimal duration of contracts in a principal-agent framework with both moral hazard and adverse selection …
Persistent link: https://www.econbiz.de/10012927192
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10013316123