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The Regulation of Labor
Botero, Juan Carlos; Djankov, Simeon; La Porta, Rafael; … - 2021
We investigate the regulation of labor markets through employment laws, collective bargaining laws, and social security laws in 85 countries. We find that richer countries regulate labor less than poorer countries do, although they have more generous social security systems. The political power...
Persistent link: https://www.econbiz.de/10013244876
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Do Women Avoid Salary Negotiations? Evidence from a Large Scale Natural Field Experiment
Leibbrandt, Andreas - 2012
One explanation advanced for the persistent gender pay differences in labor markets is that women avoid salary negotiations. By using a natural field experiment that randomizes nearly 2,500 job-seekers into jobs that vary important details of the labor contract, we are able to observe both the...
Persistent link: https://www.econbiz.de/10013098475
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Unions in a Frictional Labor Market
Krusell, Per - 2012
A labor market with search and matching frictions, where wage setting is controlled by a monopoly union that follows a … future wages, the union achieves efficient hiring in the long run, but hikes up wages in the short run to appropriate rents … quantitative impact is demonstrated in an extended model with partial union coverage and multi- period union contracting …
Persistent link: https://www.econbiz.de/10013103813
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Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining
Mortensen, Dale T. - 2010
Matched employer-employee data exhibits both wage and productivity dispersion across firms and suggest that a linear relationship holds between the average wage paid and a firm productivity. The purpose of this paper is to demonstrate that these facts can be explained by a search and matching...
Persistent link: https://www.econbiz.de/10013152592
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Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
Krusell, Per - 2009
We analyze a Bewley-Huggett-Aiyagari incomplete-markets model with labor-market frictions. Consumers are subject to idiosyncratic employment shocks against which they cannot insure directly. The labor market has a Diamond-Mortensen-Pissarides structure: firms enter by posting vacancies and match...
Persistent link: https://www.econbiz.de/10013156859
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Wage Structure, Raises and Mobility : International Comparisons of the Structure of Wages within and Across Firms
Lazear, Edward P. - 2008
The returns to talent or performance have grown over time in developed countries. Is talent concentrated in a few firms or are firms virtual microcosms of the economy, each having close to identical distributions of talent?The data show that talent is not concentrated in a few companies, but is...
Persistent link: https://www.econbiz.de/10012773210
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The Evolution of Public Sector Bargaining Laws
Farber, Henry S. - 2007
are positively related to 1) the COPE score (a measure of pro-union congressional voting behavior on labor issues), 2 …
Persistent link: https://www.econbiz.de/10012777261
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Pay, Reference Points, and Police Performance
Mas, Alexandre - 2006
wage is further from the police union's demand. The findings support the idea that considerations of fairness …
Persistent link: https://www.econbiz.de/10012780192
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The Inflation-Unemployment Trade-Off at Low Inflation
Benigno, Pierpaolo - 2010
Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation;...
Persistent link: https://www.econbiz.de/10012759324
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Wage and Labor Mobility in Denmark, 1980-2000
Eriksson, Tor - 2010
This paper consists of three parts. First, we briefly describe some key features of the labor market in Denmark, some of which contribute to the Danish labor markets behaving quite differently from those in many other European countries. The next two parts exploit detailed linked...
Persistent link: https://www.econbiz.de/10012760107