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Educational Track, Networks and Labor Market Outcomes
Margolis, David N.; Simonnet, Véronique - 2003
Does the educational track (technical or professional, as opposed to general) provide individuals with networks that are useful in the labor market? And how do these networks help? In this paper, we consider the effect of the educational track on the means by which individuals find employment,...
Persistent link: https://www.econbiz.de/10010262100
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Labor Market Institutions, Wages, and Investment
Pischke, Jörn-Steffen - 2004
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10010262019
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The minimum wage affects them all: Evidence on employment spillovers in the roofing sector
Aretz, Bodo; Arntz, Melanie; Gregory, Terry - 2012
This paper contributes to the sparse literature on employment spillovers on minimum wages by exploiting the minimum wage introduction and subsequent increases in the German roofing sector that gave rise to an internationally unprecedented hard bite of a minimum wage. We look at the chances of...
Persistent link: https://www.econbiz.de/10010291331
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Youth unemployment: Déjà Vu?
Bell, David N.F.; Blanchflower, David G. - 2010
This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10010269692
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Active labor market programs: Employment gain or fiscal drain?
Brown, Alessio J. G.; Koettl, Johannes - 2012
This paper provides a new perspective by classifying active labor market programs (ALMPs) depending on their main objectives and their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide: (i) incentives for retaining...
Persistent link: https://www.econbiz.de/10010289945
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Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010265548
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The Effects of Multiple Minimum Wages Throughout the Labor Market
Terrell, Katherine; Gindling, T. H. - 2004
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country?s large uncovered sector and complex...
Persistent link: https://www.econbiz.de/10010261907
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Minimum Wages, Inequality and Globalization
Terrell, Katherine; Gindling, T. H. - 2004
This paper contributes to our understanding of the impact of institutions on incomes of workers in developing countries by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the distribution of earnings. More specifically, we analyze whether...
Persistent link: https://www.econbiz.de/10010261908
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The minimum wage in a deflationary economy: The Japanese experience, 1994 - 2003
Kambayashi, Ryo; Kawaguchi, Daiji; Yamada, Ken - 2010
The statutory minimum wage has steadily increased for decades in Japan, while the median wage has fallen nominally since 1999 because of a severe recession. We use large micro-data sets from two government surveys to investigate how the minimum wage has affected the wage distribution under...
Persistent link: https://www.econbiz.de/10010271385
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The insider-outsider theory: a survey
Lindbeck, Assar; Snower, Dennis J. - 2002
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory … been dead-ends and red herrings in past research. The first section deals with the theory, concerning how labor turnover … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …
Persistent link: https://www.econbiz.de/10010292491