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In employment relationships, a wage is an installment payment on an implicit long-term agreement between a worker and a firm. The price of labor that impacts firm's hiring decisions, instead, reflects the hiring wage as well as the impact of economic conditions at the time of hiring on future...
Persistent link: https://www.econbiz.de/10014533978
employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …
Persistent link: https://www.econbiz.de/10010276359
% for a 1 pp decline in the unemployment rate. For large recessions, like the Great Recession, that implies a decline in the …
Persistent link: https://www.econbiz.de/10014296768
We investigate the effects of works councils on employees' wages and job satisfaction in general and for subgroups with respect to sex and occupational status. Making use of a German representative sample of employees, we find that employees, who move to a firm with a works council, report...
Persistent link: https://www.econbiz.de/10010274627
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to … the case of Germany, which has displayed a significantly lower increase in its labour force than its trade partners …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012270216
The market for hospital registered nurses (RNs) is often offered as an example of ?classic? monopsony, while a ?new? monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from several sources, we explore the relationship between...
Persistent link: https://www.econbiz.de/10010261903
between local unemployment and wages. Finally, we do not find significant effects of firm ownership on wages. …
Persistent link: https://www.econbiz.de/10010262025
In this paper, we investigate whether or not there is an equal opportunities dimension to regulating equal pay and conditions for temporary work. We develop a ?buffer stock? model of temporary work that suggests a number of reasons why ethnic minorities and women may be more likely to be on...
Persistent link: https://www.econbiz.de/10010262231
We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...
Persistent link: https://www.econbiz.de/10010262687
but also analyze its effect on post-unemployment wages and job stability for unemployed Danish workers. We find evidence … intensity increases the likelihood of leaving unemployment for regular jobs. Our results show that agency employment is even …
Persistent link: https://www.econbiz.de/10010269819