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This paper studies simple partial equilibrium models of dynamic labor demand, under certainty. Labor turnover costs may or may not decrease the firm's average labor demand, depending on the form of the revenue function, on the rates of discount and of labor attrition, and on the relative size of...
Persistent link: https://www.econbiz.de/10013218325
This paper examines the impact of individual human operators on the fuel efficiency of power plants. Although electricity generation is a fuel and capital intensive enterprise, anecdotal evidence, interviews, and empirical analysis support the hypothesis that labor, particularly power plant...
Persistent link: https://www.econbiz.de/10012753893
West Germany's Employment Promotion Act of 1985 facilitated the use of fixed term contracts and increased the number of …
Persistent link: https://www.econbiz.de/10013242910
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10013122871
price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …
Persistent link: https://www.econbiz.de/10013099824
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial...
Persistent link: https://www.econbiz.de/10012759463
In 1988, the wage distribution in East Germany was much more compressed than in West Germany or the U.S. Since the … collapse of Communism and unification with West Germany, however, the wage structure in eastern Germany has changed … Germany, individual variation in wage growth is similar to typical western levels. The wage structure of former East Germans …
Persistent link: https://www.econbiz.de/10012767066
States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …
Persistent link: https://www.econbiz.de/10013043619
Starting in 1985, (West) German unions began to reduce standard hours on an industry by industry basis, in an attempt to lower unemployment. Whether work-sharing works - whether employment rises when hours per worker are reduced - is theoretically ambiguous. I test this using both individual...
Persistent link: https://www.econbiz.de/10013215333
policy. It takes Germany as an example, but it equally applies to the other large economies in Continental Europe. The paper …
Persistent link: https://www.econbiz.de/10013216487