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Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies
van den Berg, Gerard J. - 2003
wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage. The model has …
Persistent link: https://www.econbiz.de/10010261543
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A Note on the Redistributive Effect of Immigration
Euwals, Rob; Roodenburg, Hans - 2003
In this paper, we study gains and losses that accrue to natives because of immigration. The gain on the aggregated level is called the ?immigration surplus?, which can be seen as analogous to a consumer surplus. We derive changes in the earnings of native owners of production factors by...
Persistent link: https://www.econbiz.de/10010261625
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Immigration und Arbeitsmarkt: Eine oekonomische Perspektive
Zimmermann, Klaus F. - 1998
the labor market. Its impact on employment, wages and wealth depends crucially on the design of immigration policy …
Persistent link: https://www.econbiz.de/10010262255
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10010262477
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Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Görg, Holger; Greenaway, David - 2003
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
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The wage curve reloaded
Blanchflower, David G.; Oswald, Andrew J. - 2005
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10010267487
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Unemployment insurance savings accounts and collective wage determination
Goerke, Laszlo - 2007
determination. In the basic set-up, UISAs induce a trade union to lower wages. This effect can also arise if (1) balanced …
Persistent link: https://www.econbiz.de/10010268131
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Nash bargaining and the wage consequences of educational mismatches
Hartog, Joop; Sattinger, Michael - 2012
The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...
Persistent link: https://www.econbiz.de/10010291307
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Consumption Smoothing and the Structure of Labor and Credit Markets
Bertola, Giuseppe; Koeniger, Winfried - 2004
Smoother labor incomes alleviate credit constraints by reducing workers' desire to borrow, and prospects of upward income mobility have smaller beneficial effects for currently poor workers when borrowing constraints are binding. These simple theoretical insights are consistent with the...
Persistent link: https://www.econbiz.de/10010261817
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731