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Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of new firms, new sectors, and thus new jobs. But even for...
Persistent link: https://www.econbiz.de/10011431678
. The labor market recovery for both groups in the US was rapid, and by Fall 2020, the employment gaps between immigrant and …
Persistent link: https://www.econbiz.de/10013254475
, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter …
Persistent link: https://www.econbiz.de/10011688026
employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked ….Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and … unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European …
Persistent link: https://www.econbiz.de/10011737293
The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great …
Persistent link: https://www.econbiz.de/10014289702
This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment … employment protection legislation (EPL), which we further split into counter-reforms for regular and temporary workers, and …
Persistent link: https://www.econbiz.de/10014578524
unconventional employment consequences of such shocks at a general equilibrium of a multi-sector competitive economy. A labour market … competition. Subsequent reforms however raises aggregate employment. Thus, we may have a J-curve like employment response to … adverse employment effect. Our findings add to the growing body of literature that challenges conventional wisdom about labour …
Persistent link: https://www.econbiz.de/10015101800
How exposed is the labour market to ever-advancing AI capabilities, to what extent does this substitute human labour, and how will it affect inequality? We address these questions in a simulation of 711 US occupations classified by the importance and level of cognitive skills. We base our...
Persistent link: https://www.econbiz.de/10015077845
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010371904
We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that individuals determine absence optimally. If sick pay is set by the government and not paid for by firms, it induces the trade union to lower wages. This mitigates the positive impact on...
Persistent link: https://www.econbiz.de/10011561099