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The paper explores the consequences of macroeconomic policy for labor market outcomes in the presence of frictions. It shows how policy may be useful in overriding frictions, as well as how it might generate adverse outcomes. The analysis looks at the main tools of macroeconomic policy and...
Persistent link: https://www.econbiz.de/10011406721
Persistent link: https://www.econbiz.de/10009581193
contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …
Persistent link: https://www.econbiz.de/10011347148
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and …
Persistent link: https://www.econbiz.de/10003481858
efficiency arguments are questionable, because of the disemployment effects of strict regulation. Regulation is better explained … rationally desires strict regulation to divert rent from other groups such as the skilled workers and the unemployed. Legal … tradition. Given a predisposition to intervene, these countries begin with some degree of labour regulation, which then creates …
Persistent link: https://www.econbiz.de/10003497972
Does interacting product and labor market regulation alter the impact of immigration on wages of competing native … labor market: one segment without product and labor market regulation, to which standard immigration models best apply, one … segment in which product and labor market regulation interact, and one segment covering intermediate groups of workers. We …
Persistent link: https://www.econbiz.de/10010230515
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …
Persistent link: https://www.econbiz.de/10010350356
We analyze the effect of rising protectionism towards foreign direct investment (FDI) on domestic employment, exploiting revisions in Indonesia’s highly-granular negative investment list, and spatial variation in the exposure of the manufacturing sector to these investment restrictions. Rising...
Persistent link: https://www.econbiz.de/10014495081
We examine the impact on the UK of the influx of workers from Eastern Europe. We look at the characteristics of the workers who have come to the UK since 2004. We also use data from a number of Eurobarometers 2004-2007 as well as the 2005 Work Orientation module International Social Survey...
Persistent link: https://www.econbiz.de/10003755936
This paper studies the impact of outsourcing on individual wages in three European countries with markedly different labour market institutions: Germany, the UK and Denmark. To do so we use individual level data sets for the three countries and construct comparable measures of outsourcing at the...
Persistent link: https://www.econbiz.de/10003646689