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Imposition of MAT on SEZs : concerns and the way forward

Mukherjee, Arpita; Bhardwaj, Bhavook - 2016

A Special Economic Zone (SEZ) is a type of managed industrial cluster which focuses on exports and encourages the inflow of foreign direct investment (FDI) and technology. These "special" zones are given a range of fiscal and non-fiscal incentives, which are not available to firms located in the...

Persistent link: https://www.econbiz.de/10011419824

What can a New Keynesian labor matching model match?

Reicher, Christopher Phillip - 2009

A labor matching model with nominal rigidities can match short-run movements in labor's share with some success. However, it cannot explain much of the behavior of employment, vacancies, and job flows in postwar US data without resorting to additional shocks beyond monetary policy and...

Persistent link: https://www.econbiz.de/10010265220

Sticky wages in search and matching models in the short and long run

Reicher, Christopher Phillip - 2011

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …

Persistent link: https://www.econbiz.de/10010277345

They are even larger! More (on) puzzling labor market volatilities

Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009

This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...

Persistent link: https://www.econbiz.de/10010277952

Reservation wages and the wage flexibility puzzle

Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2016

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

Persistent link: https://www.econbiz.de/10011446155

Hiring chains and the dynamic behavior of job and worker flows

Reicher, Christopher Phillip - 2011

the unemployment rate. I show that a simple frictionless business cycle model with heterogeneity and a simple form of on … employment growth. Worker flows are related to both employment growth and the unemployment rate, and quits and hires are …-the-job search, and quits beget hires to replace quitters. High unemployment crowds out quits, shortens the hiring chain, reduces the …

Persistent link: https://www.econbiz.de/10010274440

A frictionless model of job flows and the Beveridge Curve

Reicher, Christopher Phillip - 2010

The Diamond-Mortensen-Pissarides search and matching model is the workhorse of labor macro, but it has difficulty in simultaneously matching the cyclical behavior of job loss and vacancies when taken to the data. By completely ignoring frictions in job creation and focusing instead on firm-level...

Persistent link: https://www.econbiz.de/10010276409

Labour regulations and growth of manufacturing and employment in India : balancing protection and flexibility

Hoda, Anwarul; Rai, Durgesh K. - 2015

are collective dismissal, fixed term contracts, contract labour, trade unions and unemployment insurance. Although the …

Persistent link: https://www.econbiz.de/10010516697

Creating manufacturing jobs in India : has openness to trade really helped?

Vashisht, Pankaj - 2015

After following inward oriented economic policies for nearly four decades, India opened up to international trade in the early 1990s. Since then, the trade integration of the Indian economy in general and the manufacturing sector in particular has increased phenomenally. Against this backdrop,...

Persistent link: https://www.econbiz.de/10011281276

Contract Labour (Regulation and Abolition) Act 1970 and labour market flexibility : an exploratory assessment of contract labour use in India's formal manufacturing

Das, Deb Kusum; Choudhury, Homagni; Singh, Jaivir - 2015

One particularly significant piece of labour legislation in India is the Contract Labour (Regulation and Abolition) Act, 1970 (CLA,1970), which regulates labour hired by firms through the offices of a labour contractor - such labour being referred to as 'contract' labour in India. This paper...

Persistent link: https://www.econbiz.de/10010530684