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Sequential Bargaining in a New-Keynesian Model with Frictional Unemployment and Staggered Wage Negotiation
de Walque, Gregory - 2009
We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every … period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence …) the lower the effective workers' bargaining power for wages and (iii) the more important the hourly wage in the marginal …
Persistent link: https://www.econbiz.de/10012764242
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Bargaining Frictions and Hours Worked
Auray, Stéphane; Danthine, Samuel - 2021
A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour …
Persistent link: https://www.econbiz.de/10013318320
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Globalization and Labor Market Outcomes : Wage Bargaining, Search Frictions, and Firm Heterogeneity
Felbermayr, Gabriel J.; Prat, Julien; Schmerer, Hans‐Jörg - 2021
We introduce search unemployment - la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes. Trade...
Persistent link: https://www.econbiz.de/10013324845
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Did the National Minimum Wage Affect UK Prices?
Wadsworth, Jonathan - 2009
One potential channel through which the effects of the minimum wage could be directed is that firms who employ minimum wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects of the introduction and subsequent uprating of the...
Persistent link: https://www.econbiz.de/10013155561
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Immigration, Family Responsibilities and the Labor Supply of Skilled Native Women
Farré, Lidia - 2009
This paper investigates the effects of Spain's large recent immigration wave on the labor supply of highly skilled native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such as housekeeping and child or elderly care. As a result,...
Persistent link: https://www.econbiz.de/10013158120
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Part-Time Unemployment and Optimal Unemployment Insurance
Ek, Susanne - 2011
A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper develops a search and matching model to study the design of optimal unemployment insurance in an...
Persistent link: https://www.econbiz.de/10013128749
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The Threat Effect of Participation in Active Labor Market Programs on Job Search Behavior of Migrants in Germany
Bergemann, Annette - 2011
Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects may differ according to ethnic origin. We apply a novel method that relates self-reported perceived treatment rates and job search behavioral outcomes, such as the reservation wage or...
Persistent link: https://www.econbiz.de/10013129936
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Sorting and the Output Loss Due to Search Frictions
Gautier, Pieter A. - 2011
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the max-mean wage differential. The latter measure of...
Persistent link: https://www.econbiz.de/10013130451
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The Threat of Monitoring Job Search : A Discontinuity Design
Cockx, Bart - 2010
Since July 2004 the job search effort of long-term unemployed benefit claimants is monitored in Belgium. We exploit the discontinuity in the treatment assignment at the age of 30 to evaluate the effect of a notification sent at least 8 months before job search is verified. The threat of...
Persistent link: https://www.econbiz.de/10013135628
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Business Cycle Dependent Unemployment Insurance
Andersen, Torben M. - 2010
The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching model allowing for shifts between "good" and "bad" states of nature. We show that not only is there an insurance argument for such contingencies, but there may also be an...
Persistent link: https://www.econbiz.de/10013137522