Showing 1 - 10 of 242
In this paper I investigate the relationship between unionization and the size of the informal economy. Using a cross-country panel data for 30 countries over the period from 1960 to 2009, I find a strong and robust negative correlation between unionization and the size of the informal economy.
Persistent link: https://www.econbiz.de/10011278596
unemployment rates in equilibrium. We will show that the shareholder value created by a firm directly depends on the payroll … is that a switch from profit maximisation to EVA maximisation leads to an increase in unemployment rates. Furthermore …, the unemployment rate now depends on new financial variables. …
Persistent link: https://www.econbiz.de/10011278842
Cahuc, Saint-Martin, and Zylberberg (2001) show numerically that a minimum wage hike can increase both skilled and unskilled employment in a right-to-manage wage bargaining setting. This comment demonstrates that this result crucially depends on an implicitly unrealistic choice for the skilled...
Persistent link: https://www.econbiz.de/10010629780
Cahuc, Saint-Martin, and Zylberberg (2001) show numerically that a minimum wage hike can increase both skilled and unskilled employment in a right-to-manage wage bargaining setting. This comment demonstrates that this result crucially depends on an implicitly unrealistic choice for the skilled...
Persistent link: https://www.econbiz.de/10008562819
This paper studies the impact of wage bargaining on endogenous labor market participation of older workers and revisits the effects of pension reforms. Our main contribution to the literature on retirement is to show that in the context of wage flexibility, when wages are bargained, the...
Persistent link: https://www.econbiz.de/10008562897
Labor and product market regulations affect the unemployment rate without a doubt. Econometricians, however, have yet … permits to unambiguously identify institutional indicators related to unemployment. For a panel of 17 countries, 24 years, and … 19 institutional variables, eight indicators are identified as robust and significant determinants of unemployment, while …
Persistent link: https://www.econbiz.de/10011278688
This article analyzes the hysteresis hypothesis in the unemployment rates of the four “French overseas regionsâ … root and so find evidence supporting hysteresis in the unemployment rates for the FORs. …
Persistent link: https://www.econbiz.de/10008525342
This paper examines an intricate relationship between inflation rate and unemployment rate in the Philippines by … inflation rates and unemployment in the Philippines. In other words, the current study offered an additional empirical support …
Persistent link: https://www.econbiz.de/10010684831
persistence of unemployment. This might happen because the crisis ushered in recession to every country affected and, in the … dynamics of unemployment in the EU 15 and the USA to assess whether these dynamics have changed over our sample period. …
Persistent link: https://www.econbiz.de/10011039041
Theoretical and empirical studies addressing the effectiveness issue of the wage subsidy scheme are somewhat non-concluding. This paper attempts to contribute to the recent litterature of the field by studying the effectiveness of wage subsidies and by comparing their consequences with those...
Persistent link: https://www.econbiz.de/10011278883