Showing 1 - 10 of 1,991
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …
Persistent link: https://www.econbiz.de/10010267487
For nearly 50 years academics have been studying how labor markets affect crime. The initial interesting and important theoretical and empirical work generated substantial interest in studying crime among economists, in particular, and scholars in the social sciences more broadly. This...
Persistent link: https://www.econbiz.de/10010269828
bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … shocks, and, hence, the labor market effects of immigration. We employ a wage-setting approach which assumes that wages … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK …
Persistent link: https://www.econbiz.de/10010287680
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …
Persistent link: https://www.econbiz.de/10010262607
Consider a labour market with heterogeneous workers. Firms recruit workers by fixing a hiring standard and a wage offer simultaneously. A more demanding hiring standard necessitates a better wage offer in order to attract enough qualified applicants. As a result, an efficiency wage effect is...
Persistent link: https://www.econbiz.de/10010262771
This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …
Persistent link: https://www.econbiz.de/10010261916
real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers? federations are not able to …
Persistent link: https://www.econbiz.de/10010262597
In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. …
Persistent link: https://www.econbiz.de/10010269566
This paper examines the effects of alcohol consumption on employment and wages for males and females in Russia. Both … impact on employment and wages. Further, there is some evidence in favor of an inverse U-shaped relationship between alcohol …
Persistent link: https://www.econbiz.de/10010262815
, employer change, quits, training, wages, and job satisfaction). …
Persistent link: https://www.econbiz.de/10010268600