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We investigate the use of various job search strategies and their impact on the probability of subsequent employment … and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres … particular, result in a higher probability of subsequent employment. Conditional on finding work, replying to advertisements …
Persistent link: https://www.econbiz.de/10010294537
In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...
Persistent link: https://www.econbiz.de/10010294877
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main …
Persistent link: https://www.econbiz.de/10010280778
The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...
Persistent link: https://www.econbiz.de/10010318956
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model allows for effects that run through schooling, the size and age structure of the population, capital accumulation, parental time input into child-rearing, and crowding of fixed...
Persistent link: https://www.econbiz.de/10010287727
employment; they are publicly employed (supply labor) and they have an important say in deciding the size of the municipal … employment (demand labor). In this paper we present and estimate a theoretical model that focuses on this double role of … Swedish municipalities 1990-2002, show that wages have smaller effects on the demand for bureaucrats than on the demand for …
Persistent link: https://www.econbiz.de/10010321525
Indian policymakers - like most of their counterparts across the developing and developed world - have been concerned with the employability of their working-age populations in particular, for obvious economic and sociopolitical reasons. However, such concern has been largely missing as far as...
Persistent link: https://www.econbiz.de/10011807714
This paper studies how wages respond to a sudden change in employer concentration. It exploits a reform that …, elasticities of wages with respect to labor market concentration are estimated to be between -0.02 and -0.05. The empirical … paper adds to a growing literature that finds that market concentration matters for workers' wages, in a context where labor …
Persistent link: https://www.econbiz.de/10012660622
creation. It has been shown that unemployment has far-reaching effects, all leading to an inequitable distribution of well …-being. But many economists assume that unemployment tends toward a natural rate below which it cannot go without creating … inflation. The paper considers a particular employment strategy: a government job creation program, such as an employment …
Persistent link: https://www.econbiz.de/10010266519
The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …
Persistent link: https://www.econbiz.de/10012610209