Showing 1 - 5 of 5
Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a …
Persistent link: https://www.econbiz.de/10004965110
: an internal migration function is estimated using district wage and unemployment rate differentials. The aggregate level … wages and unemployment, included in the migration equation, are retrieved from a first stage wage and unemployment equations …. The results reveal that both wage and unemployment differentials are important determinants of the propensity to migrate …
Persistent link: https://www.econbiz.de/10004965126
This paper measures pay inequality in the EU during the convergence process to the Monetary Union. The decomposability property of Theil's T statistic permits us to construct a three-level hierarchical panel data set of pay inequalities for the years 1995-2000: between and within regions,...
Persistent link: https://www.econbiz.de/10004975837
The histogram location approach has been proposed by Kahn (1997) to estimate the fraction of wage cuts prevented by downward nominal wage rigidity. In this paper, we analyze the validity of the approach by means of a simulation study which yielded evidence of unbiasedness but also of potential...
Persistent link: https://www.econbiz.de/10004975852
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