Showing 1 - 10 of 6,236
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10010262722
Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled workers in Germany, firms have incentives to invest...
Persistent link: https://www.econbiz.de/10010267684
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages....
Persistent link: https://www.econbiz.de/10010265538
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …
Persistent link: https://www.econbiz.de/10005822179
, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …
Persistent link: https://www.econbiz.de/10010269885
Switzerland, traditionally a ?zero unemployment? economy, has seen an unprecedented rise in joblessness in the 1990s … although unemployment fell again to a rather low level after 1997. This paper tests whether Switzerland experienced a negative … shock and find that they were rigid, which can explain the relative unemployment increase for this group. Finally, I test …
Persistent link: https://www.econbiz.de/10010262112
We set up a search and matching model with a private and a public sector to understand the effects of employment and … wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of …
Persistent link: https://www.econbiz.de/10014296745
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005763538
We set up a model with search and matching frictions to understand the effects of employment and wage policies, as well … as nepotism in hiring in the public sector, on unemployment and rent seeking. Conditional on inefficiently high public …-sector wages, more nepotism in public-sector hiring lowers the unemployment rate because it limits the size of queues for public …
Persistent link: https://www.econbiz.de/10012207767
Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in...
Persistent link: https://www.econbiz.de/10010265593