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The German model of co-determination (Mitbestimmung) with works councils, in which workers are involved in the management of a company, was a role model for other countries for many years. However, since the 1990s the appeal of works councils has been declining, to the extent that now even...
Persistent link: https://www.econbiz.de/10011430237
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms...
Persistent link: https://www.econbiz.de/10011417130
employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked ….Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and … unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European …
Persistent link: https://www.econbiz.de/10011737293
As the number of secondary school graduates rises, many developing countries expand the supply of public and private universities or face pressure to do so. However, several factors point to the need for caution, including weak job markets, low-quality university programs, and job-education...
Persistent link: https://www.econbiz.de/10011432195
Immigration is one of the most important policy debates in Western countries. However, one aspect of the debate is often mischaracterized by accusations that higher levels of immigration lead to higher levels of crime. The evidence, based on empirical studies of many countries, indicates that...
Persistent link: https://www.econbiz.de/10011416335
standard hourly wage of some workers and encourage work sharing that increases employment, with particular advantages for … female workers. However, regulation of overtime raises employment costs, setting in motion economic forces that can limit …, neutralize, or even reduce employment. And increasing the coverage of overtime pay regulations has little effect on the share of …
Persistent link: https://www.econbiz.de/10011420502
The Indian economy entered an ongoing process of trade liberalization, domestic deregulation, and privatization of public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate has remained low. However, labor force participation...
Persistent link: https://www.econbiz.de/10011812824
Immigration is one of the most important policy debates in Western countries. However, one aspect of the debate is often mischaracterized by accusations that higher levels of immigration lead to higher levels of crime. The evidence, based on empirical studies of many countries, indicates that...
Persistent link: https://www.econbiz.de/10011960237
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and reducing their incentive to look for work. This trade-off between benefits and incentives is central to the public debate about extending benefit periods during the recent...
Persistent link: https://www.econbiz.de/10011416465
Politicians, the media, and the public express concern that immigrants depress wages by competing with native workers, but 30 years of empirical research provide little supporting evidence to this claim. Most studies for industrialized countries have found no effect on wages, on average, and...
Persistent link: https://www.econbiz.de/10011417057