This paper examines a dynamic stochastic general equilibrium (DSGE) model containing exible prices, search frictions and nominal wage contracts. It is assumed that the nominal hourly wage rate and the hours of work are jointly determined, so-called efficient bargaining, for each period. The...

Since 2003 the German Public Employment Service has been experimenting with the contracting out of various services. One of the new labour market programmes is Personnel Service Agencies, which provide client firms with jobseekers on a temporary assignment basis and are responsible for...

Background: Since 2007 the economic recession has hit most industrial countries and this raises the question of how economic hardship affects illicit drug users’ decisions to enter drug treatment. Methods: We test the hypothesis that an improvement in the employment prospects, as measured by a...

In this paper we give a clear-cut explanation to the sluggish wage adjustments which are commonly experienced also in face of involuntary unemployment. We prove that unemployment may be the physiological outcome of rational decisions by competing workers who may find it optimal to ask higher...

This paper develops a labour market matching model in order to address the problem of the persistence of the hidden sector and of its regional concentration, as in Italy and in the enlarged Europe. The main novel features of the model are that entrepreneurial ability affects job productivity,...

The desired professional insertion (placement) after training is under the influence of personal and exogenous variables. In the present paper we identify the constraints and devices that, in an interactive way, can shape and affect the professional insertion. This paper is a result of a...

In this paper, we consider a simple model that integrates the component of the social network as a research method of workers as well as a method of recruitment policy by firms. Indeed, taking into account the social sphere is fundamental to understand the labor market dynamic in developing...

Relying on the non-negligible role played by the underground economy in the labour market fluctuations, this paper extends the standard matching model à la Mortensen-Pissarides by introducing an underground sector along with an endogenous sector choice for both entrepreneurs and workers. These...

Inadequate utilisation of available manpower is a perennial problem in India, with Open Unemployment (OU) being a major evil. Two other issues that have often been sidelined are Lack of Regular employment (Underemployment or Semi-Open Unemployment SOU), and Lack of Adequate Returns from jobs...

The dynamics of multiple time use in paid work and in household activities with housework, child rearing and DIY of married women are analyzed with a two step procedure: the estimation of the participation decision in intertemporal labor force participation strategies (entering, leaving the...