Showing 1 - 10 of 179
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010262722
Over the last 15 years, the Netherlands has experienced a tremendous jobs boom, mainly in services and female employment. This has often been related to changes in the Dutch institutional environment. Using a model which allows for direct utility of work, we find that institutional arrangements...
Persistent link: https://www.econbiz.de/10010262608
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10010268976
often employed in low-wage firms and face an earnings distribution with a higher frictional component. Furthermore, positive …
Persistent link: https://www.econbiz.de/10010280703
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010289844
Are ethnic specialization and thus a downward sloping labor demand curve fundamental features of labor market competition between ethnic groups? In a general equilibrium model, this paper argues that spillover effects in skill acquisition and social distances between ethnic groups engender...
Persistent link: https://www.econbiz.de/10010268355
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.
Persistent link: https://www.econbiz.de/10010268776
We estimate models of earnings and employment outcomes for a sample of white and non-white male immigrants drawn from … lower earnings for non-white immigrants. …
Persistent link: https://www.econbiz.de/10010267990
working. Although in Maryland those working have earnings that are somewhat below employed leavers prior to reform, in … Missouri earnings for employed leavers are unchanged. In both states, the types of jobs leavers hold have not changed …
Persistent link: https://www.econbiz.de/10010268408
Do apparently large minimum wage increases in an environment of recession produce clearer evidence of disemployment effects than is typically observed in the new minimum wage literature? This paper augments the sparse literature on the most recent increases in the U.S. minimum wage, using three...
Persistent link: https://www.econbiz.de/10010282395