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European integration : a downward bias in employment policies?

Andersen, Torben M. - 2001

Even when labour mobility is low, international integration affectslabour markets by making jobs more mobile. This runs via product market integration, which is an essential element of European integration. Increasing job mobility aects the possibilities single countries perceive in pursuing...

Persistent link: https://www.econbiz.de/10011400674

Incentives to work and performance in the public sector

Oikonomidēs, Geōrgios; Philippopulos, Apostolēs; … - 2015

This paper develops a dynamic general equilibrium model with three distinct social groups, capitalists, private workers and public employees. After solving for the status quo equilibrium, which can mimic the advantages of employment in the public sector in most EU countries, the paper looks for...

Persistent link: https://www.econbiz.de/10010477149

Subsidies for wages and infrastructure : how to restrain undesired immigration

Fenge, Robert (contributor); Meier, Volker (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364298

Delegating recruitment under asymmetric information

Sengupta, Sarbajit - 2002

Recruitment is often delegated to senior employees. Delegated recruitment, however, is vulnerable to moral hazard … relates to the candidates type . Delegation is then superior to direct (owner) recruitment and offering tenure or guaranteed … seniority to the senior employee is neither always desirable for the owner nor necessary to ensure good recruitment. If there is …

Persistent link: https://www.econbiz.de/10011514022

Term length and the quality of appointments

Glazer, Amihai; Kanniainen, Vesa - 2000

Consider a principal who appoints an agent. Let the agent potentially serve for a sufficiently long time that one principal is replaced by another over this period. Suppose also that the quality of the agent appointed increases with the effort the incumbent principal devotes to hiring. Then the...

Persistent link: https://www.econbiz.de/10009786719

Optimal fiscal policy with labor selection

Chugh, Sanjay K.; Lechthaler, Wolfgang; Merkl, Christian - 2018 - This Draft: June 11, 2018

This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey government achieves efficient labor market...

Persistent link: https://www.econbiz.de/10011864654

Skills, signals, and employability : an experimental investigation

Piopiunik, Marc; Schwerdt, Guido; Simon, Lisa; … - 2018

As skills of labor-market entrants are usually not directly observed by employers, individuals acquire skill signals. To study which signals are valued by employers, we simultaneously and independently randomize a broad range of skill signals on pairs of resumes of fictitious applicants among...

Persistent link: https://www.econbiz.de/10011789115

Hiring through referrals in a labor market with adverse selection

Dariel, Aurelie; Riedl, Arno; Siegenthaler, Simon - 2019

Information asymmetries can prevent markets from operating efficiently. An important example is the labor market, where employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments three key questions related to hiring via...

Persistent link: https://www.econbiz.de/10011997078

What do we really know about fiscal sustainability in the EU? : a panel data diagnostic

Afonso, António (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003641707

Asset price shocks, real expenditures, and financial structure : a multi-country analysis

Chirinko, Robert S. (contributor); Haan, Leo de (contributor) - 2008

This paper examines the responses of private consumption, residential investment, and business investment in 11 EU countries, Japan, and the United States to shocks in housing and equity prices. The effects are assessed with a Structural Vector Auto Regressive (SVAR) model, and four key findings...

Persistent link: https://www.econbiz.de/10003730274

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