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demand, namely routinization or offshoring, constitute conventional explanations for job polarization, there is little … research on whether shifts in labor supply along the labor demand curve may equally result in job polarization. In this study … elasticities of labor demand from a unique estimation of a profit-maximization model on linked employer-employee data from Germany …
Persistent link: https://www.econbiz.de/10013255962
The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the impact of uncertainty and real options on the decision of...
Persistent link: https://www.econbiz.de/10011409991
substitution and complementarity relationships between subsidized and non-subsidized labor demand. We apply an instrumental …
Persistent link: https://www.econbiz.de/10011864521
Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...
Persistent link: https://www.econbiz.de/10014521189
In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...
Persistent link: https://www.econbiz.de/10009156628
within education groups, our theory helps to explain (1) rising wage inequality between groups, and (2) rising wage …
Persistent link: https://www.econbiz.de/10009765032
tasks that produce unobservable outputs as they seek the salient rewards to observable outputs. Since the theory related to …
Persistent link: https://www.econbiz.de/10010223046
We analyze a multitasking model with a verifiable routine task and a skill-dependent activity characterized by moral hazard. Contracts negotiated by firm/employee pairs follow from Nash bargaining. High- and low-skilled employees specialize, intermediate productivity employees perform both...
Persistent link: https://www.econbiz.de/10013201713
It is widely understood that the real price of globally traded commodities is determined by the forces of demand and … supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …
Persistent link: https://www.econbiz.de/10011754229
Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers …
Persistent link: https://www.econbiz.de/10003882588