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This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We concentrate on the reform to job security, on the decentralization of the wage bargaining process, and on the reduction in payroll taxes. Our interest is to understand to what extent...
Persistent link: https://www.econbiz.de/10012471121
A simplified model is constructed to analyze the role played by vocational training programs In high schools. The model assumes that there are two kinds of educational programs in high schools, vocational and general. It also assumes that there are two types of jobs for high school graduates....
Persistent link: https://www.econbiz.de/10012478659
quantity and quality of formal labor supply but are less effective in reducing unemployment and in raising unskilled employment …
Persistent link: https://www.econbiz.de/10012472120
The length of time from the implementation of an occupational licensing statute (i.e., licensing duration) may matter in influencing labor market outcomes. Adding to or raising the entry barriers are likely easier once an occupation is established and has gained influence in a political...
Persistent link: https://www.econbiz.de/10012455870
This paper uses historical labor market data to assess the plausibility that the Federal Reserve can engineer a soft landing for the economy. We first show that the labor market today is significantly tighter than implied by the unemployment rate: the vacancy and quit rates currently experienced...
Persistent link: https://www.econbiz.de/10013191004
Affirmative Action is not only supposed to help move minorities and females into employment, it is also supposed to …. Using disaggregated employment data in a new sample of nearly 10,000 establishments,this study finds that Affirmative Action … was generally successful during the late 1910's in increasing minority employment in skilled white-collar occupations as …
Persistent link: https://www.econbiz.de/10012477827
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10012467955
This paper summarizes the main lessons learned from Law and Employment: Lessons from Latin America and the Caribbean, a … microdata data. The evidence shows that regulation reduces labor market flexibility, reduces the employment of marginal workers …
Persistent link: https://www.econbiz.de/10012468565
flood risk has a large negative impact on firm entry, employment, and output in the long run; and (2) flood events reduce … output in the short run while their impact on firm entry and employment is limited. Motivated by these findings, we construct … a spatial equilibrium model to characterize how flood risk shapes firms' location choices and workers' employment, which …
Persistent link: https://www.econbiz.de/10013334467
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10012814426