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explore the joint determination of wages, unemployment, house prices and city size (or migration). A key role of the model is …
Persistent link: https://www.econbiz.de/10013080419
laws, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor …
Persistent link: https://www.econbiz.de/10012754112
This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...
Persistent link: https://www.econbiz.de/10013030615
taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …
Persistent link: https://www.econbiz.de/10013226914
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …
Persistent link: https://www.econbiz.de/10013087442
We examine local labor markets in the U.S. and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Neither country saw wage levels converge despite contrasting migration patterns...
Persistent link: https://www.econbiz.de/10012889486
Italy and Germany have similar geographical differences in productivity – North more productive than South in Italy; West more productive than East in Germany – but have adopted different models of wage bargaining. Italy sets wages based on nationwide contracts that allow for limited local...
Persistent link: https://www.econbiz.de/10012891326
extraction led to an increase in aggregate US employment of 725,000 and a 0.5 percent decrease in the unemployment rate during …
Persistent link: https://www.econbiz.de/10013013923
unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to … able to explain the downward trend in east to west migration using wage and unemployment information. Convergence in hourly …
Persistent link: https://www.econbiz.de/10013244103
The growth of American governments in the twentieth century included large increases in funds for social insurance and public assistance. Social insurance has increased far more than public assistance, so “rise in the social insurance state” is a far better description of the century than...
Persistent link: https://www.econbiz.de/10013306637