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This paper provides an overview of recent research on dual labour markets. Theoretical and empirical contributions on the labour-market effects of dual employment protection legislation are revisited, as well as factors behind its resilience and policies geared towards correcting its negative...
Persistent link: https://www.econbiz.de/10012870446
shock leads to larger wage increases for high-skilled workers than for low-skilled workers, due to the smaller matching … frictions of the former (SAM-asymmetry channel). Moreover, the increase in capital demand amplifies this wage divergence due to …
Persistent link: https://www.econbiz.de/10012919514
We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) a contract that exempts employers from the requirement to provide any minimum working hours, and allows employees to decline any workload. We find quantitatively that ZHCs improve welfare by enabling firms with more volatile...
Persistent link: https://www.econbiz.de/10014083937
gender wage gap patterns in the EU since the onset of the Great Recession. We show that male selection into the labour market …
Persistent link: https://www.econbiz.de/10012957480