Showing 1 - 10 of 1,528
In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by search frictions. We find that, contrary to general...
Persistent link: https://www.econbiz.de/10012776753
. This outsourcing behavior further exacerbates total search costs and lottery externalities, resulting in an annual economic …
Persistent link: https://www.econbiz.de/10013314927
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10013316841
In this paper, we study self-employment in a theoretical setting derived from wage-efficiency spatial models, where leisure and effort at work are complementary. We develop a spatial model of self-employment in which effort at work and commuting are negatively related, and thus the probability...
Persistent link: https://www.econbiz.de/10013001329
lower travel costs increase not only the interaction frequency but also the social capital for all agents. We also show that … interactions yields a higher total welfare than subsidizing transportation costs …
Persistent link: https://www.econbiz.de/10014081945
" effect via the suppliers' costs favors vertical integration of both inputs. If production is highly component intensive, and …
Persistent link: https://www.econbiz.de/10013106002
Labor turnover creates longer term career concerns incentives that motivate employees in addition to the short term monetary incentives provided by the current employer. We analyze how these incentives interact and derive implications for the design of incentive contracts and organizational...
Persistent link: https://www.econbiz.de/10013318646
seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple – a bonding …, formal measures of severance-induced firing costs and hiring costs are derived. Firing costs are, it turns out …, systematically less than benefit generosity alone would imply. Moreover their interrelationship with hiring costs, often employed in …
Persistent link: https://www.econbiz.de/10013121754
Severance pay mandates are an appealing job displacement insurance strategy in developing countries, which have only modest government administrative capacities, but they carry the threat of adverse indirect effects. A critical review of the empirical literature reveals that severance benefit...
Persistent link: https://www.econbiz.de/10013123590
paper, we show that frictions in the labour market leading to monitoring costs tend to reduce the growth of the firm via two …
Persistent link: https://www.econbiz.de/10013104968