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We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change … dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor … associated derived demands for labor. Individual and community factors may influence the average length of poverty spells. We …
Persistent link: https://www.econbiz.de/10013120834
The labor market differs from other markets in many respects. Most important is that those who supply labor also have … deliver labor, since they are in the work place. Secondly, the result of a person's work varies with the price of labor … dependent on the person. The paper firstly deals with economic models of labor supply, labor demand, labor remuneration and …
Persistent link: https://www.econbiz.de/10013074198
contribution of a worker, and the marginal contribution might be higher or lower for low productivity firms depending on the …
Persistent link: https://www.econbiz.de/10012764675
unemployment. The model features both hiring freeze and bankruptcies, where the former represents a sudden shut down of vacancy … Pissarides matching model account for 10 percent of the cyclical variability of the vacancy unemployment ratio displayed by U …
Persistent link: https://www.econbiz.de/10013317467
Chinese labor market demand during the coronavirus disease (COVID-19) pandemic. The analyses reveal that the lockdown policy …, which was implemented in Wuhan on January 23, 2020, reduced the labor market demand drastically. Specifically, the "Number … allowing the labor demand to rebound four weeks after the outbreak. The heterogeneity analyses reveal that the industries with …
Persistent link: https://www.econbiz.de/10014030823
Using longitudinal data from the date of arrival, we study long‐term labor market and social insurance outcomes for all … major immigrant cohorts to Norway since 1970. Immigrants from high-income countries performed as natives, while labor … migrants from low‐income source countries had declining employment rates and increasing disability program participation over …
Persistent link: https://www.econbiz.de/10013051334
this reform on workers' employment and various social security benefits (i.e. unemployment, disability, early retirement … significant effect on employment but instead a large spillover effect on unemployment. We find that gender differences in job … from the labor market increasingly difficult. Despite the fiscal gains that are expected from these reforms, it is likely …
Persistent link: https://www.econbiz.de/10014243913
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a …
Persistent link: https://www.econbiz.de/10013139711
requirements. They may react either by training or hiring the new skills, or by a combination of both. We first show that ICT are …
Persistent link: https://www.econbiz.de/10013129927
was high. But since then labor demand has picked up and unemployment has dropped substantially. In contrast to the earlier … were improving competitiveness by shedding of redundant labor. Now they use productivity gains to invest, expand output and …Labor markets in the transition economies of Central and Eastern Europe underwent a dramatic transformation. Notably …
Persistent link: https://www.econbiz.de/10013316640