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Exchange-Rate Adjustment and Macroeconomic Interdependence between Stagnant and Fully Employed Countries
Ono, Yoshiyasu - 2014
This paper presents a two-country two-commodity dynamic model with free international asset trade in which one country achieves full employment and the other suffers long-run unemployment. Own and spill-over effects of changes in policy, technological and preference parameters that emerge...
Persistent link: https://www.econbiz.de/10013057259
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Time Consistency and Bureaucratic Budget Competition
Kessing, Sebastian G. - 2006
High employment protection in the public sector results in strategic over-employment if government divisions compete for budgets in a dynamic setting. Bureaucrats who are interested in maximising their divisions' output employ excess labor, since this induces the sponsor to provide complementary...
Persistent link: https://www.econbiz.de/10012779343
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Wage Bargaining and Political Strength in the Public Sector
Falch, Torberg - 2006
This paper analyses the link between political strength and public sector wages using a unique matched individual-employer data set for Norwegian local governments during the period 1990-1998. The results indicate that political strength, measured in several ways, has a positive effect on wages,...
Persistent link: https://www.econbiz.de/10012783324
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The Impact of Public Employment : Evidence from Bonn
Becker, Sascha O. - 2018
This paper evaluates the impact of public employment on private sector activity using the relocation of the German federal government from Berlin to Bonn in the wake of the Second World War as a source of exogenous variation. To guide our empirical analysis, we develop a simple economic...
Persistent link: https://www.econbiz.de/10012925280
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The Unemployment Accelerator
Blanco, Julio A. - 2017
This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on two key assumptions: search frictions in the labor...
Persistent link: https://www.econbiz.de/10012964383
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Indian Entrepreneurial Success in the United States, Canada and the United Kingdom
Fairlie, Robert W.; Krashinsky, Harry A.; … - 2021
Kingdom and Canada -- we examine the performance of Indian entrepreneurs and explanations for their success. We find that … Canada, Indian entrepreneurs have average earnings slightly below the national average but they are more likely to hire … Canada and the United Kingdom contributing less to their entrepreneurial success …
Persistent link: https://www.econbiz.de/10013315668
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Subsidies for Wages and Infrastructure : How to Restrain Undesired Immigration
Meier, Volker - 2006
This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment. Matching grants for investment in infrastructure are...
Persistent link: https://www.econbiz.de/10012779814
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Welfare Benefit Reforms and Employment
Aloi, Marta - 2017
We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment benefits in favour of income subsidies (social...
Persistent link: https://www.econbiz.de/10012958450
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Outsourcing of Unionized Firms and the Impacts of Labour Market Policy Reforms
Koskela, Erkki - 2008
This paper shows that outsourcing of parts of the workforce in unionized firms leads to wage moderation and as long as the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the direct substitution effect so that domestic employment...
Persistent link: https://www.econbiz.de/10012770785
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What Do Labor Market Institutions Do?
Holmlund, Bertil - 2014
a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor …
Persistent link: https://www.econbiz.de/10013059489