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, 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
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 increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcing activities, the impact of these policy measures will become smaller as …
Persistent link: https://www.econbiz.de/10003748348
best-performing EU countries. We find a general trade-off between an increase in employment for a particular group and the … income of the average group member relative to income per capita. Reforms that increase employment of lowand medium …-skilled workers imply a trade-off between employment and wages in the low- and medium-skilled group, due to the increase in the skill …
Persistent link: https://www.econbiz.de/10012118569
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10011450828
Persistent link: https://www.econbiz.de/10003497526
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
Workfare proposals concentrate on the work incentives for welfare recipients, thus focusing on the labor supply side. This paper analyzes the effects workfare has on labor demand when the labor market is unionized. As workfare reduces the number of recipients of public financial assistance, a...
Persistent link: https://www.econbiz.de/10011507897
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
By how much does an increase in operating effectiveness of a public employment agency (PEA) and a reduction of …
Persistent link: https://www.econbiz.de/10011309228
, and (iii) employment protection - shape fiscal multipliers and output volatility. Our theoretical model highlights that … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …
Persistent link: https://www.econbiz.de/10013201691