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The macroeconomics of the labor market: Three fundamental views
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2006
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276421
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Worker identity, employment fluctuations and stabilization policy
Snower, Dennis J.; Lechthaler, Wolfgang - 2013
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694
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Job Turnover, Unemployment and Labor Market Institutions
Joseph, Gilles; Pierrard, Olivier; Sneessens, Henri R. - 2003
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …
Persistent link: https://www.econbiz.de/10010261566
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Low-Skilled Unemployment, Biased Technological Shocks and Job Competition
Pierrard, Olivier; Sneessens, Henri R. - 2003
The unemployment rise in EU countries has been particularly strong for low-skilled workers. This observation has often … types of workers and with search unemployment. The model is calibrated and simulated to examine the interactions between the … observed unemployment changes. …
Persistent link: https://www.econbiz.de/10010262753
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Labor Supply Dynamics, Unemployment and Human Capital Investments
Wasmer, Etienne - 2002
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787
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Impacts of labor taxation with perfectly and imperfectly competitive domestic labor markets under flexible outsourcing
Koskela, Erkki - 2009
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10010269644
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Worker Identity, Employment Fluctuations and Stabilization Policy
Snower, Dennis J.; Lechthaler, Wolfgang - 2013
This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances fall....
Persistent link: https://www.econbiz.de/10010319518
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Impacts of labor taxation with perfectly and imperfectly competitive domestic labor markets under flexible outsourcing
Koskela, Erkki - 2009
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10003910021
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Who works for whom? : worker sorting in a model of entrepreneurship with heterogeneous labor markets
Dinlersoz, Emin Murat; Hyatt, Henry R.; Janicki, Hubert P. - 2016
Young and small firms are typically matched with younger and nonemployed individuals, and they provide these workers with lower earnings compared to other firms. To explore the mechanisms behind these facts, a dynamic model of entrepreneurship is introduced, where individuals can choose not to...
Persistent link: https://www.econbiz.de/10011450865
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Labor supply dynamics, unemployment and human capital investments
Wasmer, Etienne - 2002
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10011410676