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This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and some limited amount of work is enjoyable. Whereas introducing each assumption without the other one does not produce novel insights, combining them together does if the wage...
Persistent link: https://www.econbiz.de/10012963868
in endogenous growth theory, but modified to allow for demand-side constraints. This is a novel approach, given that …
Persistent link: https://www.econbiz.de/10012906469
It is now well known that exogenous immigration shocks tend to have benign effects on native employment outcomes …
Persistent link: https://www.econbiz.de/10013316921
private consumption to GDP in Asia and, during this decade, has recorded the lowest rate of employment growth relative to GDP …
Persistent link: https://www.econbiz.de/10013158044
limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and …
Persistent link: https://www.econbiz.de/10013110852
quantitative application to the US labor market, replacement workers represent 2.7 per cent of total employment …
Persistent link: https://www.econbiz.de/10014078014
We test the basic assumption underlying the job competition and crowding out hypothesis: that employers always prefer higher educated to lower educated individuals. To this end, we conduct a randomised field experiment in which duos of fictitious applications by bachelor and master graduates are...
Persistent link: https://www.econbiz.de/10013001306
We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks …. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue … employment dynamics as a consequence of differences in the short-run substitutability between labor and capital services across …
Persistent link: https://www.econbiz.de/10012965027
In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead … employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if product demand is inelastic. A …, employment and national income for Germany provided by the Federal Statistical Office. We estimate Marshallian type demand …
Persistent link: https://www.econbiz.de/10012965043
This paper examines the impact of unemployment insurance (UI) on aggregate employment by exploiting cross …, we find no statistically significant impact of increasing UI generosity on aggregate employment. Our point estimates are … uniformly small in magnitude, and the most precise estimates rule out employment-to-population ratio reductions in excess of 0 …
Persistent link: https://www.econbiz.de/10012966073