Similar Search Results

Micro-level evidence on wage rigidities in Finland

Böckerman, Petri; Laaksonen, Seppo; Vainiomäki, Jari - Volkswirtschaftliche Fakultät, … - 2006

This paper analyses the flexibility of the Finnish labour markets from the microeconomic perspective by focusing on individual-level wage changes for job stayers. The study covers the private sector workers by using three separate data sets obtained from payroll records of employers’...

Persistent link: https://www.econbiz.de/10005836928

Micro-level Rigidity vs. Macro-level Flexibility: Lessons from Finland

Böckerman, Petri; Laaksonen, Seppo; Vainiomäki, Jari - Volkswirtschaftliche Fakultät, … - 2009

This paper explores the wage flexibility in Finland. The study covers the private sector workers by using three data sets from the payroll records of employers’ associations. The data span the period 1985-2001. The results reveal that there has been macroeconomic flexibility in the labour...

Persistent link: https://www.econbiz.de/10005105693

Real wage growth over the business cycle:contractual versus spot markets

Bellou, Andriana; Kaymak, Baris - Volkswirtschaftliche Fakultät, … - 2011

We study the wage growth of job stayers over the business cycle, and show that wage adjustments within a job spell display significant history dependence. This is at odds with the spot market model, which implies that the wage growth of a worker within a job spell depends solely on the change in...

Persistent link: https://www.econbiz.de/10009004839

Matching, Wage Rigidities and Efficient Severance Pay

Fella, Giulio - Volkswirtschaftliche Fakultät, … - 2012

This paper studies the effect mandated severance pay in a matching model featuring wage rigidity for ongoing, but not new, matches and Pareto efficient spot renegotiation of mandated severance pay. Severance pay matters only if real wage rigidities imply inefficient separation under employment...

Persistent link: https://www.econbiz.de/10011110179

Equal distribution or equal payoffs? Reciprocity and inequality aversion in the investment game

Rodriguez-lara, Ismael - Volkswirtschaftliche Fakultät, … - 2015

definition of reciprocity and that inequality-aversion receives little support from our data. …

Persistent link: https://www.econbiz.de/10011212781

A Theoretical Basis for Green Growth

Dinda, Soumyananda - Volkswirtschaftliche Fakultät, … - 2013

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial...

Persistent link: https://www.econbiz.de/10011271331

Inclusive Growth Through Creation of Human and Social Capital

Dinda, Soumyananda - Volkswirtschaftliche Fakultät, … - 2011

, confidence and cooperation, to commit themselves to each other (i.e. reciprocity), and thereby to knit the social fabric. This …

Persistent link: https://www.econbiz.de/10011271694

Несвободното възникване на свободния пазар - "Великата трансформация" на Карл Полани

Sedlarski, Teodor - Volkswirtschaftliche Fakultät, … - 2011

An attempt is made to sum up the basic socio-economic issues in Karl Polanyi's book “The Great Transformation”, which is less known by the economists in our country. Suggesting an alternative to Marx's market economic analysis at the early stages of establishing and imposing the capitalist...

Persistent link: https://www.econbiz.de/10011259513

Union Mediation and Adaptation to Reciprocal Loyalty Arrangements

Panos, Georgios; Theodossiou, Ioannis - Volkswirtschaftliche Fakultät, … - 2009

This study evaluates behavioural differences between union and non-union workers in their preferences regarding reciprocal loyalty in the employment relationship. It uses a vignettes approach to elicit preferences and a novel dataset with unusually rich information on semi-skilled employees from...

Persistent link: https://www.econbiz.de/10005025726

Reciprocity, inequity-aversion, and oligopolistic competition

Santos-Pinto, Luís - Volkswirtschaftliche Fakultät, … - 2006

not only profit maximizers, but also have preferences for reciprocity or are averse to inequity. A reciprocal manager …” outcomes under a constructive reciprocity equilibrium. By contrast, Stackelberg warfare may emerge under a destructive … reciprocity equilibrium. If there is Cournot competition between firms and their managers are averse to advantageous …

Persistent link: https://www.econbiz.de/10005260344