Showing 1 - 10 of 180
decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment … workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as …
Persistent link: https://www.econbiz.de/10011303299
This research documents changes in employment and wages in the Netherlands for different types of workers. We compare … employment has been growing by 2 percent in the period 2017-2023, of which 1.8 percent has been due to additional workers finding … employment. Women have experienced the largest increase in employment, while the employment of men on temporary contracts has …
Persistent link: https://www.econbiz.de/10014541860
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
This paper shows that we can normalize job and worker characteristics so that, without frictions,there exists a linear relationship between wages on the one hand and worker and job type indiceson the other. However, for five European countries and the United States we find strong evidencefor a...
Persistent link: https://www.econbiz.de/10011333251
unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of … unemployment. It will be concluded that Japan is hardly an outlier when using a simple model of the relationship between … unemployment and the rate of business ownership. The model is calibrated using recent data of 23 OECD countries. It shows a minor …
Persistent link: https://www.econbiz.de/10011334828
The COVID-19 crisis may have widely and permanently altered the labor market through the demand for skills. Crises tend to accelerate technological change. Previous recent crises were characterized by an acceleration of automation, which generally led to a decrease in middle-income jobs with...
Persistent link: https://www.econbiz.de/10014577919
local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …
Persistent link: https://www.econbiz.de/10011335216
Cost-of-Living-Adjustment (COLA) coverage figures suggest a time variation in the degree of wage indexation. In spite of this observation, most current literature conveniently assume a constant degree of indexation as this variable is not directly observable. This study intends to empirically...
Persistent link: https://www.econbiz.de/10011563079
the dynamic interaction between the wage tax and unemployment. (ii) Employment is boosted by budget deficits but …We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed … subsequent tax rate adjustments to balance the budget lead to employment levels substantially lower than theoretically predicted …
Persistent link: https://www.econbiz.de/10011304623
by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …
Persistent link: https://www.econbiz.de/10011326411