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An optimizing representative firm pays efficiency wages to skilled workers to produce technological innovations, which are assumed to be of labor saving type, affecting negatively the hiring rate of unskilled workers. The results are: i) The efficiency wage of skilled workers is determined by...
Persistent link: https://www.econbiz.de/10005027132
argues that reducing the high degree of unemployment could contribute to peace and stability in the lives of people … which continues to be a source of grievance and social unrest. Unemployment, especially amongst the young and dislocated … security conditions allow – first to tackle the immediate problem of a very high level of unemployment and then to ensure that …
Persistent link: https://www.econbiz.de/10011260310
long term unemployment and exclusion, on the improvement of basic and professional qualification of the working population … in a perspective of lifelong training, namely as a way to prevent unemployment phenomena, and on the preventive …
Persistent link: https://www.econbiz.de/10005835453
The essay proposes an alternative understanding of social policy, focussing on social quality and as such bringing together biographical and societal development and as well institutional and communal concerns. On this basis the author proposes a definition of precarity that goes far beyond...
Persistent link: https://www.econbiz.de/10005836685
This paper is concerned with the causes, timing and effects of banking sector restructuring and financial crisis in Turkey. The main focus of the study, however, is on labour market implications of the banking crisis and banking reform in recent years. The paper is organised as follows. Section...
Persistent link: https://www.econbiz.de/10005621992
Minimal wage is a partial social and political measure addressed at solving consequences of or existing poverty, which has a general validity. Its goal is to support socially economic motivation of lower-qualified persons. It is commonly fixed at such a sum so that it covers basic socially...
Persistent link: https://www.econbiz.de/10008578297
contributions of prices, unemployment, replacement rates and taxes by means of an econometrically estimated non-linear wage equation … past times of low productivity, price inflation and reductions in unemployment put significant upward pressure on wage …
Persistent link: https://www.econbiz.de/10009151114
Demographic change across the globe puts pressure on labour markets and public finances. Most studies on ageing focus on the projected development of the old age dependency ratio, being the ratio of persons 65 or older relative to the working age population. This ratio gives a very incomplete...
Persistent link: https://www.econbiz.de/10009151574
unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not …
Persistent link: https://www.econbiz.de/10011108214
years due to high inflation and the economic recession in 1996. The unemployment rate is high: in 1993 it reached 21%; by …
Persistent link: https://www.econbiz.de/10011109465