Showing 1 - 6 of 6
An optimizing representative firm pays efficiency wages to skilled workers to produce technological innovations, which are assumed to be of labor saving type, affecting negatively the hiring rate of unskilled workers. The results are: i) The efficiency wage of skilled workers is determined by...
Persistent link: https://www.econbiz.de/10005027132
unemployment. To this goal, we develop a schumpeterian model of endogenous growth: agents have the choice between employment and R … and D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) Increases in the labor … costs or in the power of trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows …
Persistent link: https://www.econbiz.de/10008837910
institutions of labor market and remittances on unemployment. In our model, the remittances take the form of insurance against … involuntary unemployment. In this environment, it was shown that remittances sent by the diaspora provide consumption and savings … and increase the amount of national physical capital. Since the rate of unemployment decreases with the size of the …
Persistent link: https://www.econbiz.de/10011112884
This paper considers the formation of the urban formal ector wages in the presence of rural migration in a collective bargaining framework. We show in particular that the restoration of full employment in the presence of an informal sector can be implemented through a policy of subsidy depends...
Persistent link: https://www.econbiz.de/10011113522
unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or … being doing R&D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) High labor … costs or powerful trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows to …
Persistent link: https://www.econbiz.de/10005787102
In this article, we investigate the relevance of the glass ceiling hypothesis in France, according to which there exist …
Persistent link: https://www.econbiz.de/10011111637