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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/10012471121
, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor saving capital …
Persistent link: https://www.econbiz.de/10012466081
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/10012457825
-state conditions of the model, suggest the reform contributed to 10% of the reduction in unemployment during the period of study …
Persistent link: https://www.econbiz.de/10012468479
unemployment, especially of the young. These results are difficult to reconcile with efficiency and political power theories of …
Persistent link: https://www.econbiz.de/10012468942
This paper has three goals; first, to place U.S. job growth in international perspective by exploring cross-country differences in employment and population growth. This section finds that the U.S. has managed to absorb added workers -- especially female workers -- into employment at a greater...
Persistent link: https://www.econbiz.de/10012472667
We study how trade linkages affect the conduct of monetary policy in a two-country model with heterogeneous firms, endogenous producer entry, and labor market frictions. We show that the ability of the model to replicate key empirical regularities following trade integration---synchronization of...
Persistent link: https://www.econbiz.de/10012481329
1) Fear of unemployment substantially depresses pay in both countries …3) The unemployment elasticity of pay averages -0.1 in the UK and apparently zero in the US …
Persistent link: https://www.econbiz.de/10012475668
The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a … live up to expectations. The level and duration of unemployment increased substantially in the downturn and the growth of …
Persistent link: https://www.econbiz.de/10012459074
We evaluate the effect on newly arrived refugees' employment of a policy, introduced in Denmark in 2013, that matched …
Persistent link: https://www.econbiz.de/10012938750