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Labour market policy and the equity-efficiency trade-off

Filges, Trine; Kennes, John; Larsen, Birthe; Tranæs, Torben - 2007

This paper studies labour market policy in a society where differently gifted individuals can invest in training to further increase their labour market productivity. Furthermore, the government seeks both efficiency and equity. Frictions in the matching process create unemployment and...

Persistent link: https://www.econbiz.de/10003597342

On-the-job search in a matching model with heterogenous jobs and workers

Dolado, Juan J. (contributor); Jansen, Marcel (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001799681

The welfare effects of globalization with labor market regulation

Palokangas, Tapio K. - 2015

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

Accounting for mismatch unemployment

Herz, Benedikt; Rens, Thijs van - 2015

We investigate unemployment due to mismatch in the US over the past three decades. We propose an accounting framework that allows us to estimate the overall amount of mismatch unemployment as well as the contribution of the frictions that caused the mismatch. Mismatch is quantitatively important...

Persistent link: https://www.econbiz.de/10010488879

Origins and consequences of child labor restrictions : a macroeconomic perspective

Doepke, Matthias (contributor); Krueger, Dirk (contributor) - 2007

We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban....

Persistent link: https://www.econbiz.de/10003652670

Regulatory barriers and entry in developing economies

Bennett, John (contributor); Estrin, Saul (contributor) - 2006

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...

Persistent link: https://www.econbiz.de/10003328066

Employment protection, product market regulation and firm selection

Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006

This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …

Persistent link: https://www.econbiz.de/10003278939

Product market regulation and endogenous union formation

Ebell, Monique (contributor); Häfke, Christian (contributor) - 2006

We contribute to the growing literature which aims to link product market regulation and competition to labor market … moving from the US low regulation-individual bargaining economy to the EU high regulation-collective bargaining economy leads …

Persistent link: https://www.econbiz.de/10003418442

Product market regulation, firm selection and unemployment

Felbermayr, Gabriel (contributor); Prat, Julien (contributor) - 2007

This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous …

Persistent link: https://www.econbiz.de/10003585349

Incidence of strict quality standards : protection of consumers or windfall for professionals?

Kawaguchi, Daiji; Murao, Tetsushi; Kanbayashi, Ryō - 2013

This paper examines the effects of upgrading product quality standards on product and professional labor-market equilibriums when both markets are regulated. The Japanese government revised the Building Standards Act in June 2007, requiring a stricter review process for admitting the plans of...

Persistent link: https://www.econbiz.de/10009755328

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